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.
Golden Star Resources restructured and upsized its senior secured credit facility with Macquarie Bank. The credit facility, an amortizing term loan, was restructured into a three-year revolving credit facility and the capacity of the facility was extended to $90 million.
Macquarie Bank provided a senior secured term loan facility of $40 million to Canada-based gold mine developer Battle North Gold Corporation to fund the construction of the Bateman Gold Project in Red Lake, ON.
ING Capital led a $235 million syndicated financing on behalf of Auramet Trading and Auramet International, a precious metals merchant.
Mandalay Resources entered into a credit agreement with HSBC Bank Canada and Macquarie Bank for a $25 million senior secured revolving credit facility and a $40 million senior secured term credit facility.
Bristow Group has emerged from Chapter 11 bankruptcy protection, successfully completing its debt restructuring process and implementing the Chapter 11 reorganization plan confirmed by the U.S. Bankruptcy Court for the Southern District of Texas.