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Stock impact report

Alkane Resources secures A$150m syndicated debt package [Yahoo! Finance]

MACQUARIE GROUP LTD S/ADR (MQBKY) 
NASDAQ:AMEX Investor Relations: macquarie.com/us/about/investors
Company Research Source: Yahoo! Finance
Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has secured a new A$150 million syndicated debt package, comprising a A$110 million revolving credit facility and a A$40 million contingent instrument facility, as it looks to strengthen balance sheet flexibility and expand its banking relationships. The new facilities follow Alkane's early repayment of its $45 million project finance facility in August 2025 and were arranged with ANZ, Commonwealth Bank, Macquarie Bank and Westpac under a syndicated facilities agreement. Alkane said the revolving credit facility can be used for general corporate purposes, while the contingent instrument facility is designed to free up cash currently tied up in backing performance guarantees. Notably, the company said the facility does not require mandatory gold hedging. The company also flagged that its operations are performing strongly and said it expects to release a production update for the March 2026 quarter in coming weeks, ahead of its full qu Show less Read more
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