Aura Minerals secures US$ 200 million syndicated loan led by Citi, Itaú BBA
AUGO•Use of proceeds
Proceeds are earmarked for supplier payments or to prepay production and sales costs at the borrower or its subsidiaries.
US$ 200 million syndicated loan facility
Aura Minerals entered a US$ 200 million syndicated loan facility at the holding company level.
Citi and Itaú BBA acted as joint lead arrangers and bookrunners. The facility is priced at SOFR + 2.7% annually, with a two-year grace period and a five-year maturity.
