Share with a friend

Copy link to article


Nordgold Secures Bridge Loan Financing for Acquisition of HRG

Amsterdam, 23 January 2012 - Nord Gold N.V. (“Nordgold” or the “Company”) (LSE: NORD), an established pure-play emerging-markets gold producer, announces that it has successfully secured $280 million in Bridge Financing, coordinated byNatixis, Sberbank CIB and Societe Generale.

The proceeds have been used to finance the acquisition ofall the outstanding shares of High River Gold Mines Ltd.("High River", TSX: HRG, Canada) not already owned by Nordgold, as announced in December 2012.

This six month Bridge Financing facility provides Nordgold with the flexibility to make multiple drawdowns in order to match payments to minorities as they became due. As a result of the successful transaction, Nordgold has raised its stake in HRG from 75.06% to 97.9%. Consolidation of a 100% stake in HRG is planned for 1H2013.

This bridge financing marks Nordgold’s first loan involving Western European banks. Societe Generale is acting as Facility Agent under the Bridge Loan.

The Company plans to refinance the Bridge Loan using medium-term financing. Nordgold has mandated Natixis,Sberbank CIB and Societe Generale as Mandated Lead Arrangers and Bookrunners to refinance the Bridge Loan through a new gold Pre-Export Finance Facility.

“This bridge financing from an international banking groupallowed us to successfully close the HRG deal. It has helped us to optimize Nordgold’s corporate structure and to reduce related administrative costs for the benefit of all our shareholders.” Sergey ZinkovichNordgold CFO

Apply for a job

work Format Contact information Professional data

Select the work format

Enter your personal information

Enter your contact information

Please enter professional data

Attach your resume

Drag and drop a file here or

select file Acceptable file format:. pdf,. doc,. docx,. rtf
Acceptable file format:. pdf,. doc,. docx,. rtf

Thank you! Your request was successfully submitted

Our recruiter will process the application
and contact you soon


Thank you! Your message has been sent

Application form

Dear candidate,
We are happy to welcome you as a participant of The Fast Track program selection process. Please fill in the application form below. Please ensure that the content of application form is accurate before submitting. Please carefully save the form and be aware it was submitted by the first time. Unfortunately you couldn't save the form and return for it's editing later. We wish you good luck during the selection process and will be happy to see you in Nordgold.

Photo upload

Contact information

Career disciplines*

Currently the applications flow is open for all 4 career disciplines. Please choose one of them if your professional specialization is relevant

Relocation possibilities*


Work experience*

Add new

Upload attachment*


Upload resume

Cover letter*

Dear candidate,
You are welcome to leave a cover letter. Among the other things, you may answer the following questions: Why do you want to work at Nordgold? And why are you our best choice for this program?

Upload letter

Additional information

Add new

I've gained the information regarding the Fast Track program from (choose one of the answers or propose yours):