2023-08-29 06:19:01 ET
- Orla Mining ( NYSE: ORLA ) Tuesday said it has amended its $150 million credit facility with its existing syndicate of lenders comprised of The Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce.
- The Amended Credit Facility consists of a $150 million revolving term facility.
- Facility size: $150 million revolving facility, with the ability to increase the facility to $200 million.
- The Amended Credit Facility replaces the company's existing facility, which consisted of a $100 million term facility expiring in April 2027 and $50 million revolving facility expiring in April 2025.
- Source: Press Release
For further details see:
Orla Mining amends credit facility