Trevali Mining secures US$275M revolving credit facility
Date Closed
September 18, 2018
Lead Office
Toronto
Value
275.00 Million USD
On September 18, 2018, Trevali Mining Corporation entered into an amended and restated revolving credit facility agreement, maturing September 18, 2022, for US$275 million. The credit facility replaces Trevali's existing loan and revolving facilities, and is expected to save Trevali up to US$5 million over the four-year term. Trevali will use proceeds from the credit facility for working capital and general corporate purposes.
Trevali is a zinc-focused base metals company headquartered in Vancouver. It controls the majority of four mines in Canada, Peru, Namibia and Burkina Faso.
McCarthy Tétrault LLP advised Trevali with a team led by Christopher Langdon that included Stephen Curran, Kate DaSilva, Heba Al-Shakarchi and Taha Qureshi.