B2Gold Completes Upsized Offering of Convertible Senior Notes

VANCOUVER, British Columbia, Jan. 28, 2025 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) has closed its previously announced offering of 2.75% convertible senior unsecured notes due 2030 (the “Notes”) in an aggregate principal amount of US$460 million (the “Offering”), which includes exercise of the full amount of the option to purchase an additional US$60 million aggregate principal amount of Notes. The initial conversion rate for the Notes is 315.2088 common shares of the Company (“Shares”) per US$1,000 principal amount of Notes, equivalent to an initial conversion price of approximately US$3.17 per Share.

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