New Gold Completes $400 Million Notes Offering and Tender Offer

Paul, Weiss advised New Gold Inc., an intermediate mining company with a portfolio of two core producing assets in Canada, in its issuance of $400 million aggregate principal amount of 6.875% senior notes due 2032 and a related tender offer for all of its 7.50% notes due 2027.

BofA Securities and BMO Capital Markets acted as representatives of the initial purchasers for the offering and as dealer managers in the tender offer.

The Paul, Weiss team included corporate partner Christopher Cummings; tax partner Matthew Jordan and counsel Patrick Karsnitz; executive compensation counsel Jake Glazeski; and environmental counsel William O’Brien.