OREANDA-NEWS. June 17, 2015. GOLDCORP INC. (TSX: G, NYSE: GG) announced today that it has increased its credit facility from \\$2 billion to \\$3 billion and extended the term to June 10, 2020, under existing terms and conditions.

The unsecured, floating-rate facility bears interest at LIBOR plus 120 points when drawn, based on Goldcorp's current BBB+ rating, and is intended to be used for liquidity and general corporate purposes.   

BMO Capital Markets acted as Co-Lead Arranger, Joint Bookrunner and Administrative Agent, and Canadian Imperial Bank of Commerce and The Bank of Nova Scotia acted as Co-Lead Arrangers, Joint Bookrunners and Syndication Agents.  The lending syndicate also included Royal Bank of Canada, The Toronto-Dominion Bank, HSBC Bank USA, N.A. and Export Development Canada, acting as Co-Documentation Agents, and Bank of Tokyo-Mitsubishi (UFJ) (Canada), Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation of Canada, Bank of America, N.A.Canada Branch, Morgan Stanley Bank N.A., Citibank N.A. Canadian Branch, Credit Suisse, Goldman Sachs Lending Partners LLC, ING Capital LLC and BNP Paribas.

Goldcorp is one of the world's fastest growing gold producers.  Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.

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