MAC Copper Simplifies its Debt Structure with Lower Interest Rate and Improved Liquidity
Metals Acquisition Corp (MTAL)
Company Research
Source: Business Wire
ST. HELIER, Jersey--(BUSINESS WIRE)--MAC Copper Limited ARBN 671 963 198 (NYSE:MTAL; ASX:MAC)This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250311692367/en/Debt Maturity Profile (US$M) (Graphic: Business Wire)MAC Copper Limited (“MAC” or the “Company”) is pleased to announce that it has successfully amended its debt and further simplified its balance sheet through the early repayment of the Sprott mezzanine facility.Overview of the Debt FacilitiesOld MAC facilities comprised of a US$159 million term loan facility, an undrawn US$25 million revolving credit facility, a US$145 million mezzanine facility1 and a A$45 million environmental bond (“Old Facilities”).New MAC facilities comprise of a US$159 million term loan facility, an upsized US$125 million revolving credit facility extended to 14 March 2028 and a A$45 million environmental bond now provided by three Australian Banks (“New Facilities”).Key HighlightsSimplificat
Show less
Read more
Impact Snapshot
Event Time:
MTAL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTAL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTAL alerts
High impacting Metals Acquisition Corp news events
Weekly update
A roundup of the hottest topics
MTAL
News
- MAC Copper Limited Announces Scheme with Harmony Becomes EffectiveBusiness Wire
- MAC Copper Limited Announces Court Sanctions Scheme with HarmonyBusiness Wire
- MAC Copper Limited Provides Closing Timetable for Scheme with HarmonyBusiness Wire
- MAC Copper (NYSE:MTAL) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- MAC Copper (NYSE:MTAL) was upgraded by analysts at Zacks Research from a "hold" rating to a "strong-buy" rating.MarketBeat