GFI
GOGOF
GFI - Gold Fields Limited - Gold Fields secures new loan facility
Gold Fields Limited
(Reg. No. 1968/004880/06)
(Incorporated in the Republic of South Africa)
Share Code: GFI
ISIN Code: ZAE000018123
MEDIA RELEASE
GOLD FIELDS SECURES NEW LOAN FACILITY
Johannesburg, July 6, 2011: Gold Fields Limited (Gold Fields) (JSE, NYSE, NASDAQ
Dubai: GFI) today announced that it has secured a 5-year US$1 billion revolving
credit facility. The loan will replace a US$450 million three-year facility with
September 2013 maturity.
The new facility, agreed by Gold Fields with a syndicate of fourteen banks, was
oversubscribed by 1.33 times.
The loan carries an interest rate of between 120 basis points and 160 basis
points over the London Interbank Offered Rate (Libor) depending on the level of
utilisation. The funds will be used for general corporate purposes and working
capital requirements.
"This facility gives our balance sheet greater liquidity as we accelerate our
global expansion programme," said Gold Fields CFO Paul Schmidt. "The new loan
bears a lower interest rate than the previous facility and significantly
improves our debt maturity profile," he added.
Notes to editors
About Gold Fields
Gold Fields is one of the world`s largest unhedged producers of gold with
attributable annualised production of 3.6 million gold equivalent ounces from
eight operating mines in Australia, Ghana, Peru and South Africa. Gold Fields
also has an extensive and diverse global growth pipeline with four major
projects in resource development and feasibility, with construction decisions
expected in the next 18 to 24 months. Gold Fields has total attributable gold
equivalent Mineral Reserves of 76.7 million ounces and Mineral Resources of
225.4 million ounces. Gold Fields is listed on the JSE Limited (primary
listing), the New York Stock Exchange (NYSE), NASDAQ Dubai Limited, Euronext in
Brussels (NYX) and the Swiss Exchange (SWX).
Gold Fields Limited
Reg. 1968/004880/06
150 Helen Road, Sandown, Sandton, 2196
Postnet Suite 252, Private Bag X30500, Houghton, 2041
South Africa
Tel +27 11 562-9700
Fax +27 11 562-9838
www.goldfields.co.za
Enquiries
Investor Enquiries
Zakira Amra
Tel +27 11 562-9775
Mobile +27 79 694-0267
email Zakira.Amra@goldfields.co.za
Nikki Catrakilis-Wagner
Tel +27 11 562-9706
Mobile +27 83 309-6720
email Nikki.Catrakilis-Wagner@goldfields.co.za
Willie Jacobsz
Tel +508 839-1188
Mobile +857 241-7127
email Willie.Jacobsz@gfexpl.com
Media Enquiries
Sven Lunsche
Tel +27 11 562-9763
Mobile +27 83 260-9279
email Sven.Lunsche@goldfields.co.za
Sponsor:
J.P. Morgan Equities Limited
Date: 06/07/2011 11:44:00 Produced by the JSE SENS Department.
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