Regulatory

First Quantum Announces Refinancing with Improved Financial Covenants and Extended Repayment Schedule

The refinancing extends the debt maturity profile of the business.  This will eliminate all material debt maturities through to 2022.   In addition, it provides liquidity headroom under our Revolving Credit Facilities. This financing continues management’s long held practice of proactively addressing debt maturities and further demonstrates the Company’s access to a diverse range of capital markets. The financing includes revised financial covenants, an extended amortization schedule for the Term Loan Facility that starts in June 2020 and improves the financial flexibility of the Company through the added liquidity.

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