Goldman Sachs Agents $270MM Revolver for Peabody

Peabody successfully completed an amendment of its senior secured credit agreement and closed on commitments for a $270 million revolving credit facility, which is expected to lead to the release of a comparable amount of restricted cash over time.

Macquarie Commits $20MM for Paringa’s Poplar Grove Mine Project

Paringa Resources has accepted a committed letter of offer from Macquarie Bank to provide a fully underwritten $20 million project loan facility to develop the Poplar Grove Mine.

Macquarie Provides $60MM Debt Financing to Perseus Mining

Perseus Mining accepted committed letters of offer from Macquarie Bank to provide a total of $60 million of debt finance to support its growth strategy.

ANZ Structures $470MM Facility for InterOil

InterOil entered into a new $470 million facility that will replace an existing $400 million secured capital expenditure facility. The financing was led by ANZ that acted as the structuring bank.

Macquarie Agents $200MM Bristow Facility

Bristow U.S., a subsidiary of Bristow Group, entered into a $200 million term loan credit agreement with Macquarie Bank as administrative agent and security agent.

Macquarie Supports Rye Patch Acquisition of Florida Canyon Mine

Rye Patch closed a $27 million credit facility with Macquarie to support its acquisition of the Florida Canyon Gold Mine. Macquarie and Canaccord Genuity are leading a proposed equity financing to further support the transaction.

Macquarie, Cat Financial Provide C$115MM Atlantic Gold Facility

Atlantic Gold signed a C$115 million ($89.33 million) syndicated project facility agreement with Macquarie Bank and Caterpillar Financial Services to fund construction costs of its Moose River Project in Nova Scotia.

Macquarie Upsizes SEMAFO Credit Facility to $120MM

SEMAFO has entered into a commitment letter with Macquarie Bank to increase its credit facility from $90 million to $120 million.

Horsehead Holding Enters Forbearance Agreements with Macquarie, PNC

Horsehead Holding announced that three of its subsidiaries entered into a forbearance agreement with Macquarie Bank as agent and lender. Another subsidiary, Zochem, has entered into a forbearance agreement with PNC bank as agent and lender.

Northern Vertex Receives Debt Financing From Macquarie

Northern Vertex Mining signed an engagement letter with indicative terms for Macquarie Bank to provide project finance facilities of up to $20 million as well as a $6.5 million equipment finance facility. The funds from the project finance facilities will be to be used to fund the majority of the projected development costs of the […]