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Consolidated statements of changes in equity (Parenthetical) $ in Millions, R in Billions |  | 12 Months Ended |
--- | --- | --- | ---
Mar. 17, 2016 | Dec. 31, 2016 USD ($) shares | Dec. 31, 2016 ZAR (R) R / shares shares | Dec. 31, 2018 USD ($)
Shares issued | [1] |  | $ 151.5 |  |
Share placement price per share | R / shares |  |  |  | R 59.50 |
Face amount of borrowings |  |  |  |  | $ 1,290.0
Private Placement [member] |  |  |  |  |
Shares issued |  |  | $ 151.5 | R 2.3 |
Number of shares issued | shares |  |  | 38,857,913 | 38,857,913 |
Private Placement [member] | 50 Day Moving Average [Member] |  |  |  |  |
Percentage of discount on share price |  | 0.70% |  |  |
Private Placement [member] | 30 Day Volume Weighted Average [Member] |  |  |  |  |
Percentage of discount on share price |  | 6.00% |  |  |
US$1,510 Million Term Loan and Revolving Credit Facilities [Member] |  |  |  |  |
Face amount of borrowings |  |  |  |  | 1,510.0
US$1,290 Million Term Loan and Revolving Credit Facilities [Member] |  |  |  |  |
Face amount of borrowings |  |  |  |  | $ 1,290.0
[1] | During 2016, Gold Fields completed a US$151.5 million (R2.3 billion) accelerated equity raising by way of a private placement to institutional investors. A total number of 38,857,913 new Gold Fields shares were placed at a price of R59.50 per share which represented a 6% discount to the 30-day volume weighted average traded price, for the period 17 March 2016 and a 0.7% discount to the 50-day moving average. The net proceeds from the placement were used to refinance the US$1,510 million term loan and revolving credit facilities. The new facilities amount to US$1,290 million. Refer note 24 for further details.

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