Ivanhoe Electric Secures $200 Million Bridge Loan for Santa Cruz Copper Project

Reuters11-13
Ivanhoe Electric Secures $200 Million Bridge Loan for Santa Cruz Copper Project

Ivanhoe Electric Inc. has secured credit approvals for a $200 million senior secured multi-draw bridge facility to support the development of its Santa Cruz Copper Project. The financing agreement was arranged by a syndicate of three international financial institutions: National Bank Capital Markets, Societe Generale, and BMO Capital Markets, acting as Joint-Lead Arrangers. The bridge loan will provide early liquidity as part of Ivanhoe Electric's broader project financing strategy, which also includes a potential $825 million project debt facility from the U.S. Export-Import Bank. The company is targeting completion of the overall project financing process in the first half of 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ivanhoe Electric Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 274276) on November 13, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment