| Fri 8 Oct 2010, 10:43 | | GFI - Gold Fields Limited - Gold Fields closes debut US$1bn bond |
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GFI
GOGOF
GFI - Gold Fields Limited - Gold Fields closes debut US$1bn bond
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
("Gold Fields" or "the Company")
JSE, NYSE, NASDAQ Dubai - Share Code: GFI
NYX Code: GFLB, and SWX Code: GOLI
ISIN: ZAE000018123
MEDIA RELEASE
GOLD FIELDS CLOSES DEBUT US$1bn BOND
Johannesburg, 8 October 2010: Gold Fields Limited (Gold Fields) (JSE, NYSE,
NASDAQ Dubai: GFI), last week announced a 10-year, US$1 billion bond offer to
international investors. The transaction was successfully completed yesterday.
This transaction was executed on 30 September 2010, where the final order book
was more than two times oversubscribed from high quality accounts. The final
coupon of 4.875% per annum is the lowest US$ rate achieved by a South African
corporate in the international bond market this year.
Paul Schmidt, Chief Financial Officer, said: "The 10 year tenor of this bond
will fit nicely in with our long term quality assets without increasing the
group`s debt position. Gold Fields will have more than $1.3 billion of committed
bank facilities available after the net proceeds of the bond have been used to
refinance some bank facilities and commercial paper notes in issue. The bond
significantly strengthens our liquidity and debt maturity profile. "
This press release does not constitute an offer of securities for sale or a
solicitation of an offer to purchase the securities mentioned in this
announcement (the "Securities") in the United States. The Securities have not
been and will not be registered under the United States Securities Act of 1933,
as amended (the "Securities Act"), and have not and may not be offered or sold,
directly or indirectly, in or into the United States absent registration or an
applicable exemption from the registration requirements under the Securities
Act. There will be no public offer of Securities in the United States.
ends
Enquiries
Investor Enquiries
Willie Jacobsz
Tel +508 839-1188
Mobile +857 241-7127
email Willie.Jacobsz@gfexpl.com
Nikki Catrakilis-Wagner
Tel +27 11 562-9706
Mobile +27 (0) 83 309-6720
email Nikki.Catrakilis-Wagner@goldfields.co.za
Media Enquiries
Sven Lunsche
Tel +27 11 562-9763
Mobile +27 (0) 83 260 9279
email Sven.Lunsche@goldfields.co.za
Notes to editors
About Gold Fields
Gold Fields is one of the world`s largest unhedged producers of gold with
attributable production of 3.5 million gold equivalent ounces per annum from
nine operating mines in South Africa, Ghana, Australia and Peru. Gold Fields
also has an extensive growth pipeline with both greenfields and nearmine
exploration projects at various stages of development. Gold Fields has total
attributable gold equivalent Mineral Reserves of 78 million ounces and Mineral
Resources of 281 million ounces. Gold Fields is listed on JSE Limited (primary
listing), the New York Stock Exchange (NYSE), the NASDAQ Dubai Limited, the
Euronext in Brussels (NYX) and the Swiss Exchange (SIX).
08 October 2010
Sponsor:
J.P. Morgan Equities Limited
Date: 08/10/2010 10:43:01 Produced by the JSE SENS Department.
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