Kinross Gold Corporation USD 5.125% 1 September 2021 Senior Unsecured Bond
Kinross Gold Corporation (‘Kinross’) is the fifth largest gold producer in the world based on 2015 production volumes. Its market capitalisation was approximately US$5.9bn as at 23 August 2016.
Kinross’ principal product is gold, produced in the form of ore that is sent to refineries for final processing. As a byproduct, Kinross also produces limited amounts of silver (primarily from its mines in Chile and Russia). Gold sales represent about 95% of Kinross’ total revenues, with the remainder coming from the sale of silver.