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IAMGOLD secures US$38M commitment for up to US$250M credit facility

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

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IAMGOLD secures US$38M commitment for up to US$250M credit facility

IAMGOLD Corp.said April 26 that it has secured an additional commitment of US$38 million forits revolving credit facilityfrom Investissement Québec unit Ressources Québec.  

The credit facility, led by National Bank of Canada and DeutscheBank, now totals US$138 million and matures in February 2020.

The company can increase the total credit facility to US$250million on the basis of terms already agreed with the lead lenders.