NEWMONT Corp /DE/ (NEM): debt financing — Newmont upsizes revolver to $4.0B, extends maturity to Feb 2029, borrows $1.5B

The Restated Credit Agreement (i) extends the maturity date from March 30, 2026 to February 15, 2029, (ii) increases the aggregate revolving credit commitments available to the Company from $3.0 billion to $4.0 billion, (iii) modifies certain applicable interest rate margins, baskets and thresholds and (iv) allows the Company, within 24 months of the Effective Date, to establish, with the consent of the majority of the lenders under the Restated Credit Agreement, a sustainability pricing adjustment by which the applicable interest rate margins thereunder may be increased or decreased based on key performance indicators with respect to certain environmental, social and governance goals of the Company and its subsidiaries, among other changes as set forth in the Restated Credit Amendment.

Newmont Corporation, a Delaware corporation (the “ Company ”), as borrower, amended and restated its existing credit agreement, dated as of April 4, 2019 (as amended, the “ Existing Credit Agreement ”), with the lenders and issuing banks party thereto, and Citibank, N.A., as administrative agent (the Existing Credit Agreement, as so amended and restated, the “ Restated Credit Agreement ”).