Aura Minerals (TSE:ORA) has released an update.
Aura Minerals has successfully closed a $175 million issuance of Brazilian debentures through its subsidiary, Almas, reflecting strong investor demand. The company has entered into a swap agreement with Banco Itaú to hedge the debentures, demonstrating Aura’s strategic financial management. The raised funds will be used to strengthen Aura’s cash position and manage existing debts.
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