Centerra Gold Announces New Corporate Credit Facility
1 University Avenue, Suite 1500
Toronto, ON
M5J 2P1
tel 416-204-1953
fax 416-204-1954
www.centerragold.com
NEWS RELEASE
Centerra Gold Announces New Corporate Credit Facility
TORONTO, CANADA – January 4, 2021 – Centerra Gold Inc. (“Centerra”) (TSX: CG) announced today
it has entered into a new U.S.$400 million four-year revolving credit facility plus a U.S.$200 million accordion
feature (the "Credit Facility"). The Credit Facility is led by The Bank of Nova Scotia, National Bank Financial
Markets and HSBC Canada Bank and is supported by a syndicate of international financial institutions . The
interest rate payable on any outstanding borrowings is LIBOR plus 2.25% to 3.25%. The Credit Facility
replaced Centerra’s previous U.S.$500 million revolving credit facility.
The Credit Facility is currently undrawn and may be used for general corporate purposes, including working
capital, investments, acquisitions, and capital expenditures. The Credit Facility provides future flexibility,
while reducing the Company’s financing costs as the Company’s cash position continues to grow.
About Centerra
Centerra Gold Inc. is a Canadian-based gold mining company focused on operating, developing, exploring, and
acquiring gold properties in North America, Asia, and other markets worldwide and is one of the largest
Western-based gold producers in Central Asia. Centerra operates three mines, the Kumtor Mine in the Kyrgyz
Republic, the Mount Milligan Mine in British Columbia, Canada and the Öksüt Mine in Turkey. Centerra's
shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is based in Toronto,
Ontario, Canada.
For more information:
John W. Pearson
Vice President, Investor Relations
(416) 204-1953
Additional information on Centerra is available on the Company’s web site at www.centerragold.com
and at SEDAR at www.sedar.com.
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