Lundin Mining Announces Amendment to Increase and Extend Credit Facility
TORONTO, April 26, 2022 /CNW/ - (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) is pleased to announce that it has executed a fourth amended and restated credit agreement that increases its revolving credit facility (the “Credit Facility”) to $1.75 billion, reduces the cost of borrowing, and extends the term to April 2027, from August 2023. Ms. Jinhee Magie, Senior Vice President and Chief Financial Officer, commented, “With this low-cost facility and our current net cash position, Lundin Mining maintains significant financial liquidity and