secwatch.observer — SEC 8-K summary
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Issuer:     NEWMONT Corp /DE/ (NEM)
CIK:        0001164727
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001104659-24-026228
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newmont upsizes revolver to $4.0B, extends maturity to Feb 2029, borrows $1.5B
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- Amended credit agreement increases revolving commitments from $3.0B to $4.0B.
- Maturity extended from March 2026 to February 15, 2029.
- Borrowed $1.5B on Feb 20, 2024 to repay all outstanding bilateral bank debt.
- New terms include sustainability pricing adjustment mechanism based on ESG KPIs.
- Interest rate margins adjusted; facility fees range from 0.07% to 0.175% based on credit ratings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1164727/000110465924026228/0001104659-24-026228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1164727/000110465924026228/tm246653d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-026228

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