New Gold Inc., founded in 2007 and headquartered in Kamloops, Canada, is a mining company focused on the development and operation of mineral properties. The company primarily engages in the extraction of gold, silver, and copper, with its major assets including the Rainy River and New Afton mines.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| NGDCN 7.50% 2027-07-15 USDNew Gold Inc | Canada | 2027-07-15 | 7.500 | 7.18 |
| NGDCN 7.50% 2027-07-15 USDNew Gold Inc | Canada | 2027-07-15 | 7.500 | 7.18 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
New Gold Inc. began issuing bonds in 2018, with notable issuances aimed at financing its operational expansions and refinancing existing debt. The company's latest bond issuance in 2022 was significant, as it provided capital to enhance production capabilities at the Rainy River mine. Currently, New Gold's bond yields are competitive within the industry, reflecting stable credit ratings, though investors should note the company has faced challenges, including fluctuations in commodity prices that may affect future issuance strategies.