08
Aug
02:59
Coronado completes ABL facility refinancing
Australian coal miner Coronado Global Resources has completed its ABL facility refinancing, Kallanish notes.
The new ABL facility has a limit of $150 million and matures in August 2026.
On 8 May, the firm announced that its wholly-owned subsidiaries Coronado Finance and Coronado Curragh had executed an agreement to refinance the company’s asset-based lending facility, subject to completion of certain conditions precedent.
According to the firm, these con…
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