February 25, 2016 / 5:02 PM / 2 years ago

BUZZ-Kinross Gold Corp: Biggest intra-day pct loss in a week

** Canadian miner’s U.S.-listed shares down 8 pct at $2.92

** U.S-listed shares fall as much as 9.12 pct, biggest intra-day pct loss in more than a week

** Company announces $250 mln bought deal financing

** Bought deal public equity offering of 83.4 mln common shares at $3 per share

** To use $175 mln of proceeds to repay credit facilities used to buy Barrick Gold Corp assets; Remainder to be used to repay debt maturing in 2016

** Up to Wednesday’s close, stock had gained nearly three-quarters of its value this year

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below