PARTNER CONTENT
✕
MANAGEMENT

Yancoal denting debt

AFTER reaping the benefit of red hot thermal coal prices Yancoal Australia plans to prepay US$1 (A$1.55) billion of debt from available cash on October 4.

Noel Dyson
With thermal coal prices running hot, Yancoal is taking the opportunity to prepay more debt.

With thermal coal prices running hot, Yancoal is taking the opportunity to prepay more debt.

The prepayment is toward Yancoal's Syndicated Facility and its unsecured related-party loans. The prepayments are expected to save Yancoal about US$207 million in total finance costs over the loan periods....

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
PARTNER CONTENT

Emesent Hovermap riding high on UAVs, robots and automobiles

PARTNER CONTENT

Tackling tailings risk with dewatered solutions

MOST POPULAR

1
ENVIRONMENT

Plibersek launches federal EPA

2
OPERATIONS

Macmahon buying Decmil to get more civil

3
SURFACE

BUMA clinches Blackwater contract

4
SAFETY

Lung disease most prevalent at Qld coal mines

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login