On March 26, 2026, Wheaton Precious Metals Corp. entered into a US$1.5 billion non-revolving term facility credit agreement with Bank of Montreal, as administrative agent, and a syndicate of lenders. Wheaton has used the term loan to partially finance the acquisition of the silver stream transaction under its precious metals purchase agreement with a wholly-owned subsidiary of BHP Group Limited, in respect of the Antamina Mine in Peru.
Cassels acted for Wheaton with a deal team that included David Budd, Lauren White and Taylor Bornhold (Banking & Specialty Finance and Mining).