Financing ·
SSR Mining Inc. entered into a Second Amended and Restated Credit Agreement on July 31, 2026, increasing its senior…
SSRGFSsr Mining Inc.
SSR Mining Inc. entered into a Second Amended and Restated Credit Agreement on July 31, 2026, increasing its senior secured revolving credit facility commitment from $400.0 million to $600.0 million. The new facility matures on July 31, 2030, with interest rates based on CORRA or SOFR plus a margin of 1.75% to 2.50%, or Canadian Prime/Base Rates plus 0.75% to 1.50%. Key covenant changes include raising the investment basket to $400.0 million and increasing capital lease obligations limits to $200.0 million, while establishing financial maintenance ratios for interest coverage (3.00x), net leverage (4.00x), and senior secured leverage (3.00x). SSR Mining Inc. operates in the gold mining industry.