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How Kingsgate Slashed Debt by 68% with a US$25M Loan Deal

8:33am on Wednesday 24th of December, 2025 AEDT Mining
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How Kingsgate Slashed Debt by 68% with a US$25M Loan Deal

8:33am on Wednesday 24th of December, 2025 AEDT
Key Points
  • New US$25 million standby loan facility with Nebari
  • Debt reduced by 68% from A$47 million to A$15 million
  • Lower interest rates and extended loan maturities
  • Replacement of contingent warrants with new subscription warrants
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