Centerra Gold Closes US$500 Million Revolving 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 Closes US$500 Million Revolving Credit Facility
TORONTO, CANADA – February 1, 2018 – Centerra Gold Inc. (“Centerra”) (TSX: CG) announced today
it has entered into a US$500 million four-year senior secu red revolving credit facility (the "Credit Facility")
with a syndicate of eight financial institutions as lende rs, led by The Bank of Nova Scotia and National Bank
of Canada. The interest rate payable on any outst anding borrowings is LIBOR plus 2.25% - 3.75%. The
Credit Facility will be available at the corporate level and replaces the US$315 million Centerra B.C.
Holdings Inc. credit facilities (the wholly-owned subsidiary through which Centerra holds the Mount
Milligan Mine), which had an outstanding balance owed of US$190 million; and the non-revolving US
$125 million credit facility entered into in early January 2018 in connection with the acquisition of AuRico
Metals Inc. On February 1, 2018, US$315 million was drawn on the new Credit Facility.
The Credit Facility is for general corporate purposes, in cluding working capital, investments, acquisitions and
capital expenditures.
Scott Perry, President and CEO of Centerra commented, "We are very pleased to enter into this facility with
our syndicate of banks who are also considered to be our business partners. While Centerra has a strong
balance sheet and we generate significant operating cash flow, we feel it is important to have the added
financial flexibility which a corporate revolving credit facility gives us. We are delighted to continue working
with our business partners as we fund the development of our portfolio of growth projects.”
On January 29, 2018, subsequent to making a US$24 million repayment in the fourth quarter of 2017,
Centerra repaid the outstanding balance of US$76 million under its US$150 million corporate revolving credit
facility with the European Bank for Reconstruction a nd Development and no further amounts will be drawn
down.
Cautionary Note Regarding Forward-looking Information
This news release contains forward-looking informati on, including proposed uses for the Credit Facility.
Such forward-looking information involves numerous assu mptions, risks, uncertainties and other factors that
could cause actual events to differ materially from t hose expressed or implied by such forward-looking
information. All information, other than statemen ts of historical fact, is forward-looking information.
Forward-looking information is necessarily based up on a number of estimates and assumptions that, while
considered reasonable by us, are inherently subj ect to significant business, economic and competitive
uncertainties and contingencies. Known and unknown f actors could cause actual results to differ materially
from those projected in the forward-lo oking information. Centerra disclaims any i ntention or obligation to
update or revise any forward-looking statements whethe r as a result of new information, future events or
otherwise, except to the extent required by applicable laws.
About Centerra
Centerra Gold Inc. is a Canadian-based gold m ining company focused on o perating, developing, exploring
and acquiring gold properties in North America, Asia and other markets worldwide. Centerra operates two
flagship assets, the Kumtor Mine in t he Kyrgyz Republic and the Mount Milligan Mine in B ritish Columbia,
1 University Avenue, Suite 1500
Toronto, ON
M5J 2P1
tel 416-204-1953
fax 416-204-1954
www.centerragold.com
2
Canada and is the largest Western-based gold producer in Central Asia. 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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