ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

NEM Newmont Corporation

41.05
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Newmont Corporation NYSE:NEM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 41.05 0 01:00:00

Newmont Corp. Executes Sustainability-Linked Revolving Credit Facility

31/03/2021 12:09am

Dow Jones News


Newmont (NYSE:NEM)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Newmont Charts.
   By Stephen Nakrosis 
 

Newmont Corp. on Tuesday said it executed a $3 billion sustainability-linked revolving credit facility which "includes a pricing feature based upon third-party sustainability performance measures and includes overall improved pricing from the previous facility."

The mining company said it will incur positive or negative pricing adjustments on drawn balances, "based on certain sustainability performance criteria," which will be measured through independent ratings published by MSCI and S&P Global.

Tom Palmer, the company's president and chief executive, said, "Our sustainability-linked credit facility further demonstrates Newmont's unwavering commitment to industry-leading environmental, social and governance practices." He added, "By aligning our financial performance and our ESG performance, we are holding ourselves accountable to delivering on our purpose to create value and improve lives through responsible and sustainable mining."

The new credit facility expires in March 2026, Newmont said.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

March 30, 2021 18:54 ET (22:54 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Newmont Chart

1 Year Newmont Chart

1 Month Newmont Chart

1 Month Newmont Chart

Your Recent History

Delayed Upgrade Clock