Mallesons has advised Westgold Resources Limited (Westgold) on its new $600 million revolving debt facilities. The debt facilities are unsecured and have no mandatory hedging, amortisation or cash sweep requirements.
The lender group is comprised of Commonwealth Bank of Australia, Oversea-Chinese Banking Corporation, Royal Bank of Canada, Société Générale and Westpac Banking Corporation.
The team was led by Banking & Finance Partner Nathan Collins and Senior Associate Olivia Harle, supported by solicitors Jihoo Lee and Tarik Basic.
Commenting on the transaction, Nathan Collins said:
“We congratulate Westgold on the successful completion of this transaction. As a result of this transaction, Westgold enjoys significant available liquidity. We are proud to have advised Westgold, a company recognised as one of the country’s great gold producers.”
