Karora Resources

Karora Resources - TL/RCF

Borrower (s)
Karora Resources
Industry
Metals and Mining/Minor & precious metals
Area of finance
Commodity Trade Finance
Region
North America
Countries
Canada

Deal Overview

Karora Resources (Karora) has closed a senior secured $80 million credit agreement with Macquarie Bank. The facility comprises a $40 million term loan and a $40 million revolving credit facility, both bearing an interest rate of the Canadian dealer offered rate +4.5% per annum on the drawn principal...

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Karora Resources (Karora) has closed a senior secured $80 million credit agreement with Macquarie Bank. The facility comprises a $40 million term loan and a $40 million revolving credit facility, both bearing an interest rate of the Canadian dealer offered rate +4.5% per annum on the drawn principal and standby fee of 1.5% per annum on the undrawn revolving credit facility.

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Deal Volume
$ 80m
Financial Close
14 July 2022
Sources

All Dealmakers

Tranches


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