Highlander Silver mandates Natixis CIB for USD 330 million senior secured project finance facility for Corani project
Bitget2026/09/23 10:30- Highlander Silver executed a mandate letter with Natixis CIB for a fully underwritten USD 330 million senior secured structured project finance facility.
- Seven-year facility targets development and construction of the Corani Silver Project in Peru.
- Financing package includes a company-provided cost overrun facility of up to USD 100 million, to be set before first draw.
- Final facility size remains subject to due diligence; definitive documentation pending with customary project finance terms and conditions.
- Closing targeted for Q1 2027; Highlander reported about USD 100 million cash and no debt as of June 30.
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.
You may also like
Silver Price Forecast: XAG/USD trades flat around $53 ahead of US inflation data
Swiss Franc holds ground as US Dollar consolidates ahead of CPI inflation data
Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks
Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Crypto prices
More
