(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.)

TORONTO, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K, NYSE:KGC) ("Kinross") announced today that Moody's Investors Service ("Moody's") has upgraded the senior unsecured rating of Kinross to Baa2 from Baa3. The outlook has been changed to stable from positive.

In its announcement, Moody's noted Kinross' scale and production profile, low financial leverage and conservative financial policies as key factors driving the upgrade. 

Further, on December 4, 2025, the Company repaid the entirety of its outstanding 4.50% Senior Notes ("Notes"), which have an aggregate principal amount of $500 million, ahead of their July 15, 2027, due date.

Including the early redemption of the 2027 ...