PRECIOUS METALS

Leagold US$400M refinancing to green light expansions

Leagold Mining (TSX:LMC) has received a binding underwritten commitment from a syndicate of lenders for a US$200 million term loan and $200 million revolving credit facility from Société Générale, Investec Bank and ING Capital to repay its current $238 million debt.

Staff Reporter
Leagold's Los Filos mine in Guerrero, Mexico

Leagold's Los Filos mine in Guerrero, Mexico

The credit facilities, which have a 5.5-year term, will also finance the company's growth through the phased expansion of the Los Filos mine in Guerrero, Mexico, and construction of the Santa Luz project...

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