Iamgold (IAG) said late Wednesday that it has increased commitments under its senior secured revolving credit facility to $850 million from $650 million.
The intermediate gold producer and developer said it has also amended the maturity date of the facility to June 17, 2030, from Dec. 20, 2028.
The amended facility also includes an accordion feature of up to $250 million, subject to lender approval, Iamgold said. The facility remains undrawn, the company said.
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