OceanaGold (ASX:OGC) extends $200 million revolving credit facility

Company News

by Katrina Bullock

Multinational gold producer, OceanaGold Corporation (ASX:OGC) has amended its existing $200 million revolving credit facility.

The amendment was made in consultation with its banking partners: Scotiabank, Citi, HSBC, Commonwealth Bank of Australia, Natixis and BNP Paribas.

The facility will no longer include a 2019 amortisation “step down” and will remain at $200 million.

It has also been extended and is now due to mature on 31 December 2021.

Shares in OceanaGold Corporation (ASX:OGC) closed 0.77 per cent higher at $2.62 yesterday.
 

Katrina Bullock

Finance News Network
Katrina joined FNN in 2018. She holds a Bachelor of Laws (Honours first class), a Bachelor of Business (Distinction) and is currently undertaking a PhD in Law focused on stock exchange disclosures and corporate governance. She previously worked as a corporate lawyer in an Australian top tier commercial law firm and is currently the General Counsel for Greenpeace Australia Pacific.