Canada's Goldcorp selling five-, 10-year notes Wednesday

By Andrea Heisinger

New York, March 13 - Goldcorp Inc. is set to price notes (Baa2/BBB+/) in two tranches Wednesday, according to a market source and a SUPPL filing with the Securities and Exchange Commission.

The offering includes a five-year note and 10-year note.

There is a change-of-control feature at 101%.

BofA Merrill Lynch and HSBC Securities (USA) Inc. are the bookrunners.

Proceeds will be used to repay $862.5 million of convertible notes maturing in August of 2014 and for capital expenditures, capital investment and working capital.

The global gold producer is based in Vancouver, B.C.

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