Newcrest Mining Limited - Newcrest extends maturity of its bilateral bank facilities

MELBOURNE, Australia, March 28, 2014 /CNW/ - Newcrest Mining Limited (ASX: NCM) - Newcrest announced today that it has completed arrangements to extend the tenor of its existing bilateral bank loan facilities. The maturity profile of Newcrest's bilateral bank loan facilities before and after the extension is tabulated below:

	Bilateral bank loan facilities maturity profile (US$m)
	FY14	FY15	FY16	FY17	FY18	FY19	FY20	Total
Pre-extension	-	-	1,725	325	975	125	-	3,150
Post-extension	-	-	350	1,075	850	750	125	3,150

Newcrest Finance Director and Chief Financial Officer, Gerard Bond, said "The extension provides a smoother and longer average maturity profile for Newcrest's bilateral loan facilities, with no material change to terms and conditions, no increase in the total level of debt facilities and no increase in interest cost."

"The extension affirms the strong ongoing support Newcrest has from its existing relationship banks, which Newcrest greatly appreciates," he said.

A copy of the release be found on Newcrest's website: www.newcrest.com.au and on SEDAR: www.sedar.com

SOURCE: Newcrest Mining Limited

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