ING Capital led a $300 million syndicated financing on behalf of Auramet Trading and Auramet International, a precious metals merchant. ING acted as mandated lead arranger, bookrunner and administrative agent on the oversubscribed deal, which closed on July 30.
Bank of Montreal acted as joint bookrunner, co-lead arranger and administrative agent; CIBC acted as joint bookrunner and co-lead arranger; and BNP Paribas acted as co-lead arranger on a $200 million debt facility for Victoria Gold.
ING Capital led a $235 million syndicated financing on behalf of Auramet Trading and Auramet International, a precious metals merchant.
Victoria Gold closed a construction financing package totaling approximately C$505 million ($394 million) with Orion Mine Finance, Osisko Gold Royalties and Caterpillar Financial Services.
Monarques Gold acquired Richmont Mines’ mining assets in Québec. In connection with the acquisition, Monarques entered into a $4 million credit facility to Auramet International.