A-Mark Precious Metals expanded its existing credit facility from $220 million to $257.5 million. The expanded credit facility matures on March 26, 2021. Rabobank acted as administrative agent, bookrunner and joint lead arranger.
“The expanded credit facility reflects the continued support from our lending partners and provides us with additional liquidity to address higher commodity prices and increased activity levels in the current environment,” Greg Roberts, CEO of A-Mark Precious Metals, said.
Founded in 1965, A-Mark Precious Metals is a precious metals trading company and wholesaler of gold, silver, platinum and palladium bullion and related products.