representative work

Lundin Enters into US$4.5 Billion Amended and Restated Credit Agreement

02/26/2026

On February 26, 2026, Lundin Mining Corporation entered into an amended and restated credit agreement to increase its revolving credit facility from US$1.75 billion to US$4.5 billion and extend the maturity date, among other amendments. The upsized facility will be used to facilitate funding of the Vicuña Project as well as for general corporate purposes.

Initially, Lundin will have access to US$2.25 billion under the facility. Upon satisfaction of certain conditions, Lundin will have access to an aggregate of US$3.5 billion under the facility.  Access to the full US$4.5 billion under the facility is conditional upon Stage 1 sanctioning of the Vicuña Project.

Cassels acted for Lundin.

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