Regis Resources Limited (ASX:RRL) Establishes $300M Revolving Credit Facility
Revolving Credit Facility Established
Regis Resources Limited (ASX:RRL) has established a $300 million Revolving Credit Facility to provide additional flexibility and liquidity. This follows the early repayment of its $300 million syndicated loan facility announced on 15 January 2025. The facility has a three-year tenor and includes senior security over all assets, with interest rates linked to BBSY plus a margin based on the company’s Net Leverage Ratio.
Executive Comments
Chief Financial Officer Anthony Rechichi stated, “We were very pleased with the demand and level of support we received for this facility and the terms of this facility are competitive and are underpinned by our strong business fundamentals and attractive outlook. We now have an expanded banking syndicate, consisting of numerous very highly regarded banks with significant experience within the natural resources sector. We welcome the members of our banking facility, and we look forward to a long and prosperous relationship.”
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