MAC Copper Limited Simplifies Debt Structure and Enhances Liquidity

An update from Metals Corp ( (MTAL) ) is now available.

MAC Copper Limited announced on March 12, 2025, that it has successfully amended its debt structure, simplifying its balance sheet by early repaying the Sprott mezzanine facility. The new debt facilities include a US$159 million term loan, an upsized US$125 million revolving credit facility, and a A$45 million environmental bond provided by three Australian banks. This restructuring reduces the company’s average weighted cost of debt by approximately 30% to 6.85%, resulting in annual interest savings of about US$14 million. The changes also extend the maturity of the facilities to March 2028, providing a repayment holiday until September 2025, and significantly enhance MAC’s liquidity and financial position, aligning with its growth projects and long-life CSA Copper Mine.

More about Metals Corp

MAC Copper Limited is a company focused on operating and acquiring metals and mining businesses in high-quality, stable jurisdictions that are critical in the electrification and decarbonization of the global economy.

YTD Price Performance: -4.36%

Average Trading Volume: 246,500

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $747.4M

For an in-depth examination of MTAL stock, go to TipRanks’ Stock Analysis page.