By Kumar Tanishk — Mar 12 - 08:36 PM
• Shares of ASX-listed MAC Copper rise 1.6% to A$16.53, their highest levels since March 6
• The Jersey-based co says it amended debt, simplified balance sheet via early repayment of Sprott mezzanine facility
• Adds that it replaced old debt with upsized $125 million, revolving credit facility until 2028 and $45 million environmental bond
• Expects to save ~$14 million annually in interest cash via new facilities - MAC
• Stock down 3.3% YTD, including current session's moves
(Reporting by Kumar Tanishk in Bengaluru)
((; X: @thatstanishk;))
Source:
London Stock Exchange Group | Thomson Reuters