Placer Dome Completes U.S. Debenture Offering

On March 6, 2003, Placer Dome Inc. completed an offering of US$200 million 6.375 per cent debentures due 2033 by way of private placement. Morgan Stanley, JP Morgan, CIBC World Markets Inc., Scotia Capital and HSBC Securities acted as joint book-running managers, and Deutsche Bank Trust Company Americas acted as trustee.

Placer Dome’s in-house legal team was led by Geoff Gold, vice-president, assistant secretary and associate general counsel. Edwards, Kenny & Bray in Vancouver was Placer Dome’s external lead counsel, with a team that included Bill Hartley, Geoff Sherrott, Deborah Clark and John Munnis. Doug Marshall and Monica Biringer of Osler, Hoskin & Harcourt LLP in Toronto also represented Placer Dome. In the U.S., Placer Dome was represented by Christopher Paci, Don Lonczak, Isamu Watson, Boon-Li Tan, Angelina Fisher and Saya Nakano of Shearman & Sterling in New York.

The joint book-running managers were represented in Canada, by Patricia Olasker and Robert Murphy (securities) and Siobhan Monaghan (tax) of Davies Ward Phillips & Vineberg LLP in Toronto, and in the U.S., by Sidley Austin Brown & Wood LLP with a team that included Eric Haueter, Sharon Flanagan, Bradley Fenner and Nicolai Hinrichsen in San Francisco and David Witek in Los Angeles. Michele Ross of Katten Muchin Zavis Rosenman in Washington, D.C., represented Deutsche Bank.