Newcrest Mining’s $1bn bond lengthens debt profile

Australian gold producer Newcrest Mining raised $1bn in the international bond market at the start of the week, making its public bond debut after moving to bring its debt maturities much closer in line with its assets.

  • 10 Nov 2011

It priced a $750m November 2021 bond to yield 245bp over Treasuries, and a $250m November 2041 deal at a 275bp spread over the US government on Monday. Both of these deals came roughly in line with price guidance.

It was a rare 30 year bond from an Australian ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%