Financing ·
Sigma Lithium extends $100M senior secured debt maturity to June 2027
SGMLSigma Lithium Corp
Sigma Lithium has signed an agreement with Synergy Capital to extend the maturity of its US$100 million senior secured debt by six months, moving the repayment date from December 2026 to June 2027. The interest rate remains unchanged at SOFR plus 6.95% per annum, and existing covenants are maintained. This extension defers final repayment, providing additional financial flexibility as the company ramps up production following the October 5 restart of operations after environmental licenses were reinstated. Since restarting, Sigma Lithium has produced 7,090 tonnes of lithium oxide concentrate. Total debt has been reduced by approximately 40% over the past two years to US$125 million as of October 21, 2026. The company aims to scale annualized production to 330,000 tonnes by year-end 2027. Sigma Lithium is a producer of lithium oxide concentrate in Brazil.