The miner could incur positive or negative pricing adjustments on drawn credit spreads and standby fees based on its sustainability performance versus the targets. "The extension of the termination date of our undrawn credit facility, combined with our strong balance sheet, highlights the current strength of Barrick's liquidity, while the establishment of sustainability-linked metrics, along with Barrick's recently released 2021 Sustainability Report, continues to show Barrick's commitment to ESG," commented senior executive VP and CFO Graham Shuttleworth. Barrick's long-term credit is currently rated BBB+ and Baa1 by S&P Global Ratings and Moody's Investors Service, respectively.