Leagold Mining Corporation and its lenders, jointly led by Société Générale, Investec Bank and ING Capital, entered into a credit agreement which established credit facilities in an aggregate amount of US$400,000,000. The credit facilities’ purpose is for the refinancing of Leagold’s existing debt and to finance its growth through the phased expansion of the Los Filos mine in Mexico and the construction of the Santa Luz project in Brazil, all without having to access equity markets.
Fasken advised Leagold with a team led by Thomas Meagher and included Dev Singh, Daniel Conrad (Banking & Finance), Amy Carruthers (Corporate and Derivatives) and Georald Inborg (Corporate).