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.
Golden Star Resources closed a $60 million senior secured credit facility with Macquarie Bank.
ING Capital led a $185 million syndicated financing on behalf of Auramet Trading and Auramet International, a precious metals merchant.
Rex Energy filed a voluntary petition for Chapter 11 to facilitate a sale process for its remaining assets.
Macquarie Bank amended the $35 million second lien term loan of Petrus Resources, a public Canadian oil and gas company.
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.
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.
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.
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.