middle.news
How Kingsgate Slashed Debt by 68% with a New US$25M Loan Facility
9:45am on Wednesday 7th of January, 2026 AEDT
•
Mining
Read Story
How Kingsgate Slashed Debt by 68% with a New US$25M Loan Facility
9:45am on Wednesday 7th of January, 2026 AEDT
Key Points
Executed US$25 million standby loan facility with Nebari entities
Repaid existing loans and drew down US$10 million from new facility
Total borrowings cut from approximately A$47 million to A$15 million
Facility designed to support balance sheet de-gearing and operational flexibility
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
KINGSGATE CONSOLIDATED (ASX:KCN)
OPEN ARTICLE