Hecla Mining enters USD 500 million senior secured revolving credit facility with Bank of America-led lenders
Bitget2026/09/18 20:01- Hecla Mining entered a new Credit Agreement on Sept. 16, 2026 for a USD 500 million senior secured revolving credit facility.
- Facility includes an option to increase commitments by up to USD 100 million, subject to additional lender commitments.
- Maturity set for Sept. 16, 2030, with a borrower option to request a one-year extension from lenders.
- Borrowings priced at Term SOFR or a base rate, each plus an applicable margin set by a pricing grid.
- New facility replaced the July 2022 revolving credit agreement, which was terminated and repaid on Sept. 16, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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