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NQ refinances $60M debt

Cheaper cash to replace more costly restart loan

Haydn Black
Hellyer has proved to be profitable.

Hellyer has proved to be profitable.

The junior has signed a definitive term sheet with offtake partner Traxys and an undisclosed European bank for a new six-year amortising loan with a coupon rate of Libor + 5%.   It will allow NQ to...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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