Goldcorp Completes Sale Of $862.5 Million Of 2.00% Convertible Senior Notes Due 2014

20 octobre 2021 Pierre Perrin-Monlouis

Vancouver, British Columbia, June 5, 2009 – Goldcorp Inc. (NYSE: GG; TSX: G) announced today the closing of its private offering of $862.5 million aggregate principal amount of 2.00% Convertible Senior Notes due 2014, including the initial purchasers’ over-allotment option which was exercised in full. Upon conversion of the Notes, Goldcorp may, in lieu of delivery of its common shares, elect to pay or deliver, as the case may be, cash or a combination of cash and common shares, in respect of the converted notes. Net proceeds from the offering are approximately $839.9 million. Goldcorp intends to use approximately $330.0 million of the net proceeds to repay indebtedness under its revolving term credit facility, with the balance of the net proceeds to be used for general corporate purposes, including capital expenditures.

The notes and the common shares issuable upon conversion of the notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act of 1933, as amended. Offers and sales of the notes in Canada will be made only pursuant to exemptions from the prospectus requirements of applicable Canadian provincial or territorial securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.

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