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Newcrest to Issue US$1,000 million in Corporate bonds

08 November 2011

Not for distribution or release in the United States.

Newcrest is raising US$1,000 million following a successful debut offering today in the United States Rule 144A and Regulation S bond markets. The offering consists of US$750 million Senior Unsecured Notes due 15 November, 2021 with a coupon of 4.450% and US$250 million Senior Unsecured Notes due 15 November, 2041 with a coupon of 5.750%.

The notes will be issued by Newcrest Finance Ltd, a wholly owned subsidiary of Newcrest Mining Limited, and guaranteed by Newcrest Mining Limited and certain of its subsidiaries.

The proceeds will be used to repay existing unsecured indebtedness of Newcrest and for funding a portion of Newcrest’s major growth projects.

Managing Director and CEO Greg Robinson said “We are pleased to have successfully priced our first Rule 144A corporate bond issue. The Notes provide very competitive long term capital and further diversify Newcrest’s sources of funding.”

The settlement of the offering of the notes is expected to occur on 15 November, 2011 and is subject to customary closing conditions.

This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction.  The securities referenced above have not been, and will not be, registered under the United States Securities Act of 1933 or the securities laws of any state of the United States or other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration.


For further information, please contact:

Investor Enquiries – North America/Europe

Steve Warner
T: +1 212 351 5064
E: steve.warner@newcrest.com.au

Investor Enquiries – Australia/Asia

Kim Kerr
T:  +61 3 9522 5316
E: kim.kerr@newcrest.com.au

Media Enquiries

Kerrina Watson
T: +61 3 9522 5593
E: kerrina.watson@newcrest.com.au

This information is available on our website at www.newcrest.com.au.