IAMGOLD expands revolving credit facility to $850 million, extends maturity to 2030
I'm LongbridgeAI, I can summarize articles.IAMGOLD expanded its senior secured revolving credit facility to $850 million, extending maturity to June 2030. The amendment adds an accordion feature for up to $250 million, revises pricing to SOFR + 1.875%-2.875%, and increases the maximum leverage ratio covenant to 4x. The facility remains undrawn.
- IAMGOLD amended its senior secured revolving credit facility, raising total commitments to $850 million from $650 million. * Maturity extended to June 17, 2030 from Dec. 20, 2028; facility remains undrawn. * Accordion feature added for up to $250 million of additional commitments, subject to lender approval. * Pricing revised to SOFR + 1.875%-2.875% from 2.75%-3.75%, tied to total net leverage ratio. * Maximum total net leverage ratio covenant increased to 4x; standby fees reduced. 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. IAMGOLD Corporation published the original content used to generate this news brief via Newsfile (Ref. ID: 202606171700NEWSFILECNPR____20260617_301910_1) on June 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)