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Published on 11/14/2023 in the Prospect News Bank Loan Daily.

Lundin Gold details $72.2 million senior debt facility early repayment

Chicago, Nov. 14 – Lundin Gold Inc. provided details about its $72.2 million senior debt facility repayment in advance of the June 2026 maturity date in a press release.

The original $350 million loan was advanced from seven lenders: ING Capital LLC, Societe Generale, Caterpillar Financial Services Limited (Cat Financial), Bank of Nova Scotia, Natixis, KfW IPEX-Bank GmbH and Bank of Montreal.

Borrowed in 2018, proceeds were used to fund the development and construction of the Fruta del Norte gold mine in Ecuador.

The loan has now been fully repaid.

Vancouver, Canada-based Lundin Gold is a mining company that owns and operated gold projects located in southeast Ecuador.


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