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Thunderbird gains more time as lenders advance Sheffield debt standstill talks
12:30pm on Friday 30th of October, 2026 AEDT
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Mining
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Thunderbird gains more time as lenders advance Sheffield debt standstill talks
12:30pm on Friday 30th of October, 2026 AEDT
Key Points
Repayment and interest obligations deferred until 18 December 2026
Proposed standstill could defer KMS debt obligations until 30 June 2027
Lenders cite time needed to assess improved operational performance and production
Sheffield and Yansteel remain sponsors and guarantors of the senior facilities
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