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Coeur Mining repays US$100M 5-year loan early


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Essential Metals & Mining Insights - January 2021

Industry Top Trends 2021: Metals and Mining

Coeur Mining repays US$100M 5-year loan early

Coeur MiningInc. has terminated the US$100 million five-year senior securedterm loan acquiredin June 2015.

The company has repaid the US$99.0 million remainingprincipal balance of the term loan plus a US$4.4 million prepayment penalty,for a total of US$103.4 million, it said July 15.

Recently, Bravada Gold Corp. granted Coeur Mining anoption to earn intoBravada's interest in the past producing Quito gold property in Nevada.