Placer Dome Completes US Debt Offering

On October 10, 2003, Placer Dome Inc. completed offerings of US$300 million 6.45 per cent debentures due in 2035 and US$230 million 2.75 per cent convertible debentures due in 2023 by way of a private placement. On both issues, Citigroup Global Markets Inc., JP Morgan Stanley Securities Inc. and JP Morgan & Co., Inc., acted as joint bookrunning managers with Barclays Capital Inc., CIBC World Markets Corp., HSBC Securities (USA) Inc. and Scotia Capital (USA) Inc. also part of the syndicate of initial purchasers. Deutsche Bank Trust Company Americas acted as trustee.

Placer Dome was represented in-house by Trevor Thomas, counsel; and Geoff Gold, vice-president, assistant secretary and associate general counsel; in Canada by Edwards, Kenny & Bray in Vancouver, with a team that included Bill Hartley, Tom Clarke, Geoff Sherrott, Deborah Clark and Brian Mulholland; and by Osler, Hoskin & Harcourt LLP in Toronto, with a team that included Doug Marshall, Monica Biringer, Robert Lando and Julie Colden; and in the US by Christopher Paci, Rob Evans, III, Megan Tang and Allison Fergus of Shearman & Sterling LLP in New York.

The initial managers were represented in Canada by Davies Ward Phillips & Vineberg LLP in Toronto, with a team that included Patricia Olasker, Robert Murphy and Siobhan Monaghan; and in the US by Sidley Austin Brown & Wood LLP, with a team that included Eric Haueter, Bradley Fenner and Nicolai Hinrichsen in San Francisco; and by Davis Polk & Wardwell in New York, with respect to the convertible debentures, with a team that included John Brandow, Ray Ibrahim and Soo-Mi Rhee. Deutsche Bank Trust Company Americas was represented by Michele Ross of Katten Muchin Zavis Rosenman in Washington, DC, and New York.