Tamboran Resources Secures A$180 Million Syndicated Facility to Fund Ongoing SPCF Development

Reuters
2025/10/03
Tamboran Resources Secures A$180 Million Syndicated Facility to Fund Ongoing SPCF Development

**Tamboran Resources Secures A$179.8 Million Financing for SPCF Development** Tamboran Resources Corporation has announced that its affiliates, together with SPCF Financing Pty Ltd and other related entities, have entered into a new syndicated facility agreement valued at up to A$179.8 million. The agreement, finalized on September 30, 2025, involves Macquarie Bank Limited and Alpha Wave Credit (Australia) Trust as original lenders. The facility will support the ongoing development of the Sturt Plateau Compression Facility (SPCF) and is split across three tranches: Tranche 1A (A$75 million), Tranche 1B (A$14.9 million), and Tranche 2 (A$89.9 million). The Northern Territory Government is providing a guarantee for up to A$75 million on Tranche 1A and 1B, while additional guarantees are provided by Tamboran Resources and its subsidiaries, as well as Formentera Australia Fund 1, LP, for Tranche 2. The financing is secured by a customary security package and is subject to a security trust and intercreditor deed to regulate lender relations. The facility will terminate four years after the financial close, providing significant funding to advance the SPCF project.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tamboran Resources Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-043923), on October 03, 2025, and is solely responsible for the information contained therein.

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