Redemption of US$500 million Eurobonds

London, United Kingdom, 10 May 2018 - Nord Gold SE (“Nordgold” or the “Company”, “Group”), the internationally diversified gold producer, today confirms the full and scheduled redemption of outstanding US$500 million Eurobonds (ISIN XS0923472814).

The notes, with a 6.375% annual coupon and maturity date of 5 years, were issued in May 2013. Part of the issue, to the amount of US$52 million, was earlier repurchased by the Company. Following the redemption, the obligations toward holders of these notes are now fully discharged.

In March 2018 Nordgold raised US$300 five-year unsecured syndicated loan in order to refinance outstanding Eurobonds (approximately US$448 million). Redemption has been partially funded by cash on the Company’s balance sheet.

For further information, please contact:

Nordgold
Andrei Naumov
Media Relations Specialist
Tel: +7 495 644 4473
Powerscourt
Peter Ogden
Giles Read
Tel: +44 (0) 20 7250 1446


Press release
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