Yamana Gold US$500 million unsecured note offering

Industry: Metals, minerals, mining

Yamana Gold US$500 million unsecured note offering
Closing Date: Aug. 6, 2021

On Aug. 6, 2021, Yamana Gold Inc. completed an offering of US$500 million principal amount of 2.630 per cent senior, unsecured notes due Aug. 15, 2031. The proceeds of the sale of the notes were used to fund the redemption of certain of Yamana’s outstanding senior notes.

Yamana is a Canadian-based TSX- and NYSE-listed precious metals producer with significant gold and silver production, development-stage properties, exploration properties and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina.

Cassels Brock & Blackwell LLP acted for Yamana with a deal team that included
Andrea FitzGerald (securities and mining),
Jennifer Wasylyk (banking and specialty finance and mining),
David Budd (banking and specialty finance and mining),
Chris Norton (tax).

Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as U.S. counsel to Yamana with a deal team composed of
Christian Kurtz,
Adam Givertz,
Aaron Abramson,
Sarah Lu,
Jerome Biroo (corporate).

Skadden, Arps, Slate, Meagher & Flom LLP acted for the purchasers.

Lawyer(s)

Andrea FitzGerald Jennifer Wasylyk David Budd

Firm(s)

Cassels Brock & Blackwell LLP Paul, Weiss, Rifkind, Wharton & Garrison LLP Skadden, Arps, Slate, Meagher & Flom LLP