Barrick Australia Finance, based in Australia, serves as a key financial arm of Barrick Gold Corporation, one of the world's largest gold mining companies headquartered in Toronto, Canada. The company is primarily focused on providing financial support to its mining operations in Australia, facilitating the efficient management of capital and resources.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ABXCN 5.95% 2039-10-15 USDBarrick Australia Finance | Australia | 2039-10-15 | 5.950 | 5.24 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its establishment, Barrick Australia Finance has been an active participant in the bond market, with notable issuances starting in 2015 to fund the development of key mining projects. Among its significant bond offerings, the company's $500 million bond issued in 2020 was met with strong investor demand, reflecting a yield that underscored its leading position within the mining sector. Currently, its bonds feature both fixed and floating rates, catering to diverse investor preferences, and have maintained competitive yields compared to industry benchmarks despite fluctuating gold prices.