GOLD FIELDS LIMITED - Gold Fields Announces Successful Buyback of 2020 Notes

Gold Fields Announces Successful Buyback of 2020 Notes

Gold Fields Limited
Incorporated in the Republic of South Africa)
Registration Number 1968/004880/06)
JSE, NYSE, DIFX Share Code: GFI
ISIN: ZAE000018123
"Gold Fields" or “the Company”)


MEDIA RELEASE

     GOLD FIELDS ANNOUNCES SUCCESSFUL
      BUYBACK OF US$250m OF 2020 NOTES

Johannesburg, 27 May 2019: Gold Fields Limited (Gold Fields) (JSE,
NYSE: GFI) is pleased to announce the successful buyback of $250m
of the outstanding 2020 notes at 102% of par as compared with a
premium of 101.73% of par at the close of business on Friday, 24 May
2019. Following the bond issuances on 9 May 2019, Gold Fields
commenced a tender process to buy back up to $250m of the 2020
notes.

The remainder of the 2020 notes ($600m), due in October 2020, is
expected to be repaid from a combination of available cash and bank
debt facilities.

The successful completion of the new bonds, as well as the buyback,
helps Gold Fields achieve one of its key financial objectives for 2019
of extending the maturity of its debt profile. The final element is a
refinancing of the syndicated bank debt which is expected to be
completed in Q3 2019. In addition, the Group is targeting net debt
reduction of $100-150m in 2019.

Enquiries

Investors

Avishkar Nagaser
Tel: +27 11 562-9775
Mobile: +27 82 312 8692
Email : Avishkar.Nagaser@goldfields.com

Thomas Mengel
Tel: +27 11 562 9849
Mobile: +27 72 493 5170
Email: Thomas.Mengel@goldfields.com

Media

Sven Lunsche
Tel: +27 11 562-9763
Mobile: +27 83 260 9279
Email : Sven.Lunsche@goldfields.com

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Notes to editors

About Gold Fields

Gold Fields Limited is a globally diversified gold producer with eight operating mines and two projects in Australia, Chile, Ghana, Peru and
South Africa, with total attributable annual gold-equivalent production of approximately 2Moz. It has attributable gold Mineral Reserves of around
48.1Moz and gold Mineral Resources of around 96.6Moz. Attributable copper Mineral Reserves total 691 million pounds and Mineral Resources
4,816 million pounds. Gold Fields has a primary listing on the Johannesburg Stock Exchange (JSE) Limited, with secondary listings on the New
York Stock Exchange (NYSE).

Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Date: 27/05/2019 02:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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