Kinross Gold announces extension of term loan, revolver to 2020, 2021

By Marisa Wong

Morgantown, W.Va., Sept. 2 – Kinross Gold Corp. said it extended the maturity dates of its $500 million term loan and $1.5 billion revolving credit facility by one year to Aug. 10, 2020 and Aug. 10, 2021, respectively.

With the extended maturities of the credit facilities and repayment of its $250 million senior notes due Sept. 1, 2016, the company has no other debt maturities until 2020, according to a Friday press release.

Kinross is a Toronto-based gold mining company.

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