ACG Engages Joint Managers for USD Bond Financing
Subsidiary engages joint managers for potential USD bond issue to finance Gediktepe Mine sulphide expansion and refinance debt.
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ACG Metals Limited today announces that its subsidiary, ACG HoldCo 1 Limited, has engaged ABG Sundal Collier ASA and Stifel Europe AG as Joint Lead Managers to arrange a series of fixed income investor meetings, commencing today, 3 December 2024. A new USD denominated senior secured bond issue with a four-year tenor may follow, subject to inter alia market conditions.
The purpose of the new bond issue is to finance the sulphide expansion project at the Company's operating Gediktepe Mine in Türkiye, refinance existing indebtedness and for general corporate purposes.
Further announcements will be made as and when appropriate.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.