Kinross completes US$500 million financing

Client

Banking syndicate led by The Bank of Nova Scotia

Date

September 2006
On September 20, 2006, Kinross Gold Corporation, Rio Paracatu Mineraçao S.A., Kinross Gold U.S.A., Inc., Fairbanks Gold Mining, Inc. and Round Mountain Gold Corporation entered into a credit agreement with a syndicate of banks led by The Bank of Nova Scotia establishing a US$300 million revolving term facility and US$200 million term facility.

The Bank of Nova Scotia and the syndicate were represented by Fasken Martineau with a team that included John Torrey, Tom Meagher and Dave Ferris (banking) and Kathleen Hanly and Ron Choudhury (taxation).