Ms. Amy Schwalm reports
BARRICK ANNOUNCES EARLY TENDER DATE RESULTS OF DEBT TENDER OFFER
Barrick Gold Corp. has released results as of 5 p.m. New York time on Nov. 15, 2013, of its cash tender offer for specified series of outstanding notes issued by Barrick, Barrick (HMC) Mining Company, Barrick North America Finance LLC and Barrick (PD) Australia Finance Pty Ltd. The tender offer commenced on Oct. 31, 2013. The offerors are offering to purchase notes for an aggregate purchase price (including principal, premium and accrued interest) for all offerors of up to $1.5-billion. The amount of a series of notes that is purchased will be based on the order of priority for such series as set forth in the table below. All amounts expressed in US dollars unless otherwise indicated
The following table presents the estimated aggregate principal amount of notes tendered and not withdrawn on the early tender date for each series, as reported by the depositary.
Principal
Aggregate amount
principal tendered by Acceptance
amount early tender priority
Title of security CUSIP number outstanding date level
7.75% notes due 2015 725906AD3 $100,000,000 $39,700,000 1
067901AF5
2.90% notes due 2016 067901AD0 $1,100,000,000 $868,023,000 2
C03420AB9
5.75% notes due 2016 06849AAA7 $400,000,000 $135,577,000 3
P1619PAA6
067901AN8
2.50% notes due 2018 067901AM0 $650,000,000 $393,995,000 4
C03420AE3
6.80% notes due 2018 06849RAB8 $500,000,000 $202,242,000 5
6.95% notes due 2019 067901AB4 $750,000,000 $322,711,000 6
4.95% notes due 2020 06849UAC9 $400,000,000 $127,177,000 7
06849RAD4
4.40% notes due 2021 06849RAF9 $1,350,000,000 $326,031,000 8
U0684TAA4
067901AL2
3.85% notes due 2022 067901AJ7 $1,250,000,000 $418,307,000 9
C03420AD5
067901AQ1
4.10% notes due 2023 067901AP3 $1,500,000,000 $714,299,000 10
C03420AF0
Holders of notes validly tendered, and not withdrawn at or prior to the early tender date and accepted for purchase will receive the total consideration, which consists of the applicable tender offer consideration plus the early tender premium of $30 per $1,000 of principal amount of notes accepted for purchase. The tender offer consideration for each series of notes will be determined, in the manner described in the offer to purchase, dated Oct. 31, 2013, at 2 p.m. New York time on Nov. 18, 2013.
Withdrawal rights with respect to notes tendered expired at 5 p.m. New York time on Nov. 15, 2013. Holders who validly tender their notes after the early tender date, and whose notes are accepted for purchase, will be eligible to receive the applicable tender offer consideration, which equals the applicable total consideration minus the early tender premium. Subject to the terms and conditions contained in the offer to purchase, holders may tender notes until midnight, New York time, on Dec. 2, 2013, unless extended. Barrick announced on Nov. 14, 2013, that the financing condition to the tender offer described in the offer to purchase had been met. Subject to the satisfaction or waiver of the remaining conditions to the tender offer, the notes will be accepted for purchase and the applicable consideration is expected to be paid on Dec. 3, 2013, unless the expiration date is extended. The terms and conditions of the tender offer are described in the offer to purchase and related letter of transmittal, dated Oct. 31, 2013, distributed to holders of the notes.
The dealer managers for the tender offer are RBC Capital Markets LLC and Barclays Capital Inc. Questions regarding the tender offer may be directed to RBC Capital Markets at 877-381-2099 (toll-free) and 212-618-7822 (collect) or Barclays Capital at 800-438-3242 (toll-free) and 212-528-7581 (collect). Copies of the offer to purchase and the letter of transmittal may be obtained from the information agent, Global Bondholder Services Corp. at 866-470-3900 (toll-free) or 212-430-3774 (collect) or in writing at 65 Broadway, suite 404, New York, N.Y., 10006.
We seek Safe Harbor.
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