I'm LongbridgeAI, I can summarize articles.Kenmare Resources has upsized its revolving credit facility commitments to USD 230 million, an increase of USD 30 million from the previous USD 200 million. The additional funding was provided by existing syndicate members Absa, Nedbank, RMB, and Standard Bank. The facility matures on March 11, 2029, with step-downs scheduled for 2027 and 2028. Pricing resets to 5.7% over SOFR until March 2027. Net debt/EBITDA and interest cover tests were waived for 2026.
- Kenmare amended its revolving credit facility, lifting commitments to USD 230 million from USD 200 million for 12 months. * Absa, Nedbank, RMB, Standard Bank provided the additional USD 30 million under the existing syndicate. * Facility steps down to USD 200 million on June 30, 2027, then USD 175 million on June 30, 2028, then USD 150 million on Dec. 31, 2028. * Maturity stays March 11, 2029; pricing resets to 5.7% over SOFR until March 31, 2027, then SOFR+4.85%-5.7%. * Net debt/EBITDA and interest cover tests waived for 2026; drawings on the extra USD 30 million carry 1.5% in 2026, 3% to June 30, 2027. 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. Kenmare Resources plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606240200HUGIN___UKPR_REG_GNW1001209274-en) on June 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)