Shearman & Sterling advised Citigroup Global Markets, Credit Suisse Securities, RBC Capital Markets, Barclays Capital, CIBC World Markets and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint book-running managers, in connection with Yamana Gold Inc.’s (Yamana) private placement, pursuant to Rule 144A and Regulation S, of $300 million aggregate principal amount of 4.625% senior notes due 2027.

Yamana is a Canadian gold producer with significant gold production, gold development stage properties, exploration properties and land positions in Canada, Brazil, Chile and Argentina.

The Team