Paladin Energy Ltd. has announced the execution of a restructured syndicated debt facility with Nedbank Limited, Nedbank Namibia Limited, and Macquarie Bank Limited. The amended agreement reduces the company's overall debt capacity from US$150 million to US$110 million, leveraging Paladin's improved liquidity position following a successful equity raise and share purchase plan in 2025. The new facility comprises a US$40 million term loan, which matures on 28 February 2029, and an undrawn US$70 million revolving credit facility, maturing on 28 February 2027 with options to extend. As part of the restructure, Paladin will make a US$39.8 million repayment to reduce the term loan, enhancing balance sheet flexibility as the company ramps up production at the Langer Heinrich Mine.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paladin Energy Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9604071-en) on December 17, 2025, and is solely responsible for the information contained therein.
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