Perseus Mining Limited has announced the successful amendment and upsize of its existing syndicated loan facility, increasing the total facility to US$400 million with an additional US$100 million Accordion Option. The term of the facility is three years, with options to extend for up to two more years. The amended agreement features significantly improved pricing, with a 125 basis point reduction in the margin due to strong lender demand. The banking consortium now includes eight international banks, with JP Morgan (Australia) and Standard Chartered (Australia) joining six existing lenders such as Citi, Nedbank, and Macquarie Bank. With this facility and its net cash position of US$837 million as of September 30, 2025, Perseus Mining now has over US$1.2 billion in available liquidity to support its growth plans and shareholder returns.
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. Perseus Mining Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9616351-en) on December 23, 2025, and is solely responsible for the information contained therein.
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