Davis Polk advised the joint active bookrunners and representatives of the several initial purchasers in connection with a Rule 144A/Regulation S offering of notes by Gold Fields Orogen Holding (BVI) Limited, a wholly owned subsidiary of Gold Fields Limited. The offering consisted of $500 million aggregate principal amount of 5.125% guaranteed notes due 2024 and $500 million aggregate principal amount of 6.125% guaranteed notes due 2029. The notes are guaranteed by Gold Fields Limited and certain of its subsidiaries.

Davis Polk also advised the dealer managers in connection with a cash tender offer by Gold Fields Australasia Holding (BVI) for up to $250 million aggregate principal amount of 4.875% guaranteed notes due 2020 issued by Gold Fields Orogen Holding (BVI) Limited. A portion of the proceeds from the offering of the new notes was used to fund the tender offer.

Headquartered in South Africa, Gold Fields is a globally diversified gold producer with operating mines and projects in Australia, Chile, Ghana, Peru and South Africa and total attributable annual gold equivalent production of approximately two million gold equivalent ounces per annum.

The Davis Polk corporate team included partner Reuven B. Young, counsel Radoslaw Michalak and associate Alexander W. Simmonds. Partner Simon Witty, European counsel John Taylor and associate James Harmer provided English law advice. Counsel Alon Gurfinkel and associate Veronica Davis provided tax advice. All members of the Davis Polk team are located in the London office.