Aston Resources Limited (ASX:AZT) has secured $350 million in revolving credit facilities.
ANZ (ASX:ANZ) and Macquarie Bank (ASX:MQG) have co-underwritten a corporate loan and bank guarantee facility, that can be increased to $250 and $100 million respectively.
The facilities will materially reduce the cost of funding for Aston.
CFO Tom Todd said the refinancing of the Noonday acquisition facility, is a milestone for the company.
For the second half of last year, Aston reported a profit of $62.9 million.
