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Sheffield Resources Advances Loan Novation Amid Debt Restructure Talks
10:34am on Wednesday 28th of January, 2026 AEDT
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Sheffield Resources Advances Loan Novation Amid Debt Restructure Talks
10:34am on Wednesday 28th of January, 2026 AEDT
Key Points
Novation of secured loan facility from Orion to Sheng Feng, a Yansteel-related party
No changes to loan terms or financial position of Kimberley Mineral Sands
Ongoing debt restructure negotiations with senior secured lenders targeting March 31, 2026
Sheffield and Yansteel remain sponsors and guarantors of senior secured loans
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SHEFFIELD RESOURCES (ASX:SFX)
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