-+ 0.00%
-+ 0.00%
-+ 0.00%
Osisko Gold amends Appian credit facility, keeps US$450 million project loan in place
Share
Listen to the news
Osisko Gold amends Appian credit facility, keeps US$450 million project loan in place
  • Osisko Gold amended its US$450 million senior secured project loan credit facility with Appian for the Cariboo Gold Project.
  • Appian cleared key technical conditions precedent for the remaining undrawn US$350 million second draw, following Lowhee infill drilling review.
  • Pricing tightened: initial draw at 3-month SOFR + 9% margin, down from 9.5%, with the 0.10% SOFR adjustment removed.
  • Second draw pricing set at SOFR + 7.25% margin, down from 7.5%; option to pay interest in kind extended 12 months.
  • Second draw still requires construction-readiness conditions; security package remains in place.


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. Osisko Gold Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608201700PRIMZONEFULLFEED9813875) on August 20, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending