Atico Mining (TSE:ATY) has released an update.
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Atico Mining Corporation has successfully renegotiated the terms of its US$10 million credit facility with Trafigura PTE. LTD., extending the maturity date from August 2024 to the end of July 2026. This extension includes a structured repayment schedule and an interest rate pegged to SOFR plus 7.5%, indicating a strategic financial move by the company to manage its debt more effectively.
For further insights into TSE:ATY stock, check out TipRanks’ Stock Analysis page.
