Largo restructures USD 82.2 million bank debt, extends maturity to March 2030

Largo signed a binding term sheet to restructure USD 82.2 million of commercial bank debt at its Brazilian operating unit.

• Final maturities were extended to March 2030 from September 2026, easing near-term refinancing pressure.
• The deal includes a six-month principal grace period, followed by 36 months of quarterly amortization.
• Interest will be payable monthly.
• The terms remain subject to definitive documentation, including the interest rate and collateral package, before closing.