8th May 2019 13:27
LONDON (Alliance News) - Miner Gold Fields Ltd has launched a tender off worth up to USD250 million, it said Wednesday.
The offer, in cash, covers up to USD250 million of 4.875% notes due in 2020. There is currently USD852.4 million outstanding.
Gold Fields said the offer expires on June 5, and it is offering USD990 per USD1,000 principal amount as well as a USD30 early tender payment.
Gold Fields shares closed 1.2% lower on Tuesday at ZAR54.10 each, with the Johannesburg Stock Exchange closed Wednesday for the local election.