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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
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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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Kingsgate Consolidated (ASX:KCN)
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