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FNV / Trident Royalties war chest at US$35mln as Franco-Nevada sales complete

Trident Royalties war chest at US$35mln as Franco-Nevada sales complete
Trident Royalties has completed the sale of a group of pre-production royalties to Franco-Nevada for up to US$15.55mln. Following the sale Trident said it has also restructured its existing US$40mln debt facility with Macquarie Bank, with a 2% reduction in the coupon subject to leverage, saving up to US$800,000 per year in interest. Read More
Posted: Feb 23 2023, 02:34
Author Name: Proactive Investors
Views: 110196

FNV News  

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