Hecla Mining enters USD 500 million senior secured revolving credit facility with Bank of America-led lenders
HL•New revolving credit facility
Hecla Mining entered a new Credit Agreement on Sept. 16, 2026 for a USD 500 million senior secured revolving credit facility.
- The facility includes an option to increase commitments by up to USD 100 million, subject to additional lender commitments.
- Maturity is set for Sept. 16, 2030, with a borrower option to request a one-year extension from lenders.
- Borrowings are priced at Term SOFR or a base rate, each plus an applicable margin set by a pricing grid.
- The new facility replaced the July 2022 revolving credit agreement, which was terminated and repaid on Sept. 16, 2026.
