Life Term Strategies

1. Huge Gains in Long Term
- Receive significant capital gains
- by investing in corporations
- (with wide economic moat & average peers’ net margin)
- In very very long term

2. Strong Periodic Cash Flow
- Maintain self-sufficient monthly cash flow
- Through dividend, gains on derivative & short term trading
- For re-investment to item # 1 mentioned above

3. Mind for Risk Management
- Ensure strong cash position
- Maintain low risk by continue monitor, analyze & feel:
economic trend & environment,
market condition & investors emotion
corporate performance & outlook
asset allocation & direction

4. Be a holy Christian investor:
- Invest in wisdom & varies ways, but consistent & not over nor under of what the Holy Bible expects a Jesus follower should be
- Keep regular & long term spiritual growth
Continue experience God @ finance market
Aim for life transform opportunities
- Even though it may not teach Billy & Bilibala what stocks to invest nor how to make more, more & more $

10.17.2009

Barrick Completes Sale of $1.25B of Debt

TORONTO, ONTARIO--(Marketwire - Oct. 16, 2009) -
All amounts expressed in US dollars.

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) ("Barrick") and its wholly-owned subsidiary, Barrick (PD) Australia Finance Pty Ltd ("BPDAF"), announced today the completion of the sale of $1.25 billion in debt securities comprised of: $400 million of 4.95% notes due 2020 of BPDAF and $850 million of 5.95% notes due 2039 of BPDAF, each guaranteed by Barrick.

The net proceeds from this offering will be advanced to wholly-owned subsidiaries in the Barrick group and will all be used to further reduce the liability related to Barrick's floating spot-price (fully participating) gold contracts.

The debt securities have not been registered under the Securities Act of 1933 (the "Securities Act") or any state securities laws and may not be offered or sold in the United States absent an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and any applicable state securities laws.

=> This press release does not constitute an offer to sell, or the solicitation of an offer to buy, the debt securities, nor shall there be any sale of the debt securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Barrick's vision is to be the world's best gold company by finding, acquiring, developing and producing quality reserves in a safe, profitable and socially responsible manner.
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1 comment:

Anonymous said...

Wow that's great & informative post. But i don't understand why the debt securities have not been registered under the Securities Act of 1933 (the "Securities Act") or any state securities laws? Alliance & Leicester Cashback

10/25/2009

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