Barrick Gold Finance Company, established in 2008, is headquartered in Toronto, Canada, as a subsidiary of Barrick Gold Corporation, one of the largest gold mining companies globally. The company primarily focuses on financing activities, providing critical capital through bond issuances to support Barrick's extensive mining operations and expansion projects.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ABXCN 5.80% 2034-11-15 USDBarrick Gold Finance Company | United States | 2034-11-15 | 5.800 | 4.69 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Barrick Gold Finance has successfully issued numerous bonds, with notable issuances including a $1 billion offering in 2020 to refinance existing debt and fund growth initiatives. Their bond yields have consistently remained competitive within the mining sector, with recent issues yielding around 4.5%, reflecting the solid credit quality of the parent company. The company also attracted attention for its debut green bond issuance, valued at $500 million in late 2021, aimed at financing projects that promote sustainability in mining operations, highlighting their commitment to environmental responsibility.