Newmont Goldcorp And Goldcorp’s Exchange Bond Offering


Simpson Thacher represented the dealer managers in an exchange offer by Newmont Goldcorp and Goldcorp.

Simpson Thacher represented Citigroup Global Markets Inc. and J.P. Morgan Securities LLC as dealer managers in connection with an exchange of $472.5 million aggregate principal amount of 3.625% Senior Notes due 2021, $810.3 million aggregate principal amount of 3.7% Senior Notes due 2023 and $443.6 million aggregate principal amount of 5.45% Senior Notes due 2044 issued by Newmont Goldcorp Corporation (formerly known as Newmont Mining Corporation) (“Newmont Goldcorp”) for an equal principal amount of 3.625% Senior Notes due 2021, 3.7% Senior Notes due 2023 and 5.45% Senior Notes due 2044 issued by Goldcorp Inc. (“Goldcorp”). The exchange offer settled on April 22, 2019.

Newmont Goldcorp is the world’s leading gold company and a producer of copper, silver, zinc and lead. Newmont Goldcorp’s world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont Mining Corporation acquired all of the outstanding common shares of Goldcorp and became Newmont Goldcorp Corporation on April 18, 2019.

The Simpson Thacher team for the transaction included Art Robinson (Picture), Patrick Baron, Clark Warthen, Evan Zuckerman and Kamron Cox (Capital Markets); Jonathan Cantor (Tax); Elizabeth Gladstone (Intellectual Property); Pasco Struhs (Executive Compensation and Employee Benefits); and Andrew Pagliughi (Blue Sky).

Involved fees earner: Patrick Baron – Simpson Thacher & Bartlett; Jonathan Cantor – Simpson Thacher & Bartlett; Kamron Cox – Simpson Thacher & Bartlett; Elizabeth Gladstone – Simpson Thacher & Bartlett; Andrew Pagliughi – Simpson Thacher & Bartlett; Arthur Robinson – Simpson Thacher & Bartlett; Pasco Struhs – Simpson Thacher & Bartlett; Charles Clark Warthen – Simpson Thacher & Bartlett; Evan Zuckerman – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Citigroup Global Markets Ltd; J.P. Morgan Securities LLC;

Author: Ambrogio Visconti