MANAGEMENT

Perenti gets $420M debt facility

MINING services provider Perenti has refinanced its debt facilities due to mature in 2023 via a $420 million syndicated debt facility.

Finance facility will help Perenti and its subsidiaries such as Barminco to advance their strategic efforts.

Finance facility will help Perenti and its subsidiaries such as Barminco to advance their strategic efforts.

The funding should provide flexibility and headroom to support the company's strategic efforts without impacting its ability to deliver on its leverage target of less than 1x by 2025. The $420 million...

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