Liontown Resources' new debt deal reflects declining fortunes of Australian lithium market

At first glance, the contrast between Liontown Resources’ new debt deal and the one it thought it had in the bag last October speaks volumes about the declining fortunes of the Australian lithium market. The new deal, announced on Wednesday, is worth $550 million and matures in October 2025. Liontown chief executive Tony Ottaviano will likely be tapping on the door of his lending syndicate by the end of this calendar year.

The old deal included six commercial banks, but only three have signed onto the new agreement. Government agencies Export Finance Australia and the Clean Energy Finance Corporation have also stuck around. The last debt deal arrived with bells and whistles, including a facility to cover working capital and cost overruns

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Australia to Establish $2 Billion Finance Facility for Green Energy Investment in South-East AsiaThe Australian government will establish a $2 billion finance facility to help fund green energy and infrastructure investment in South-East Asia, to tap into spiralling demand for renewable power in the region between now and 2050. The facility will provide loans, guarantees, equity and insurance to help bolster trade and investment with the ASEAN bloc.
출처: FinancialReview - 🏆 2. / 90 더 많은 것을 읽으십시오 »

Using a calendar to plan and save for personal finance tasks and big billsUsing a calendar allows you to do a lot more than just remember when bills are due. It can help you spread the load and save.
출처: abcnews - 🏆 5. / 83 더 많은 것을 읽으십시오 »

Nickel price collapse: Pentagon pitched Australian nickel investmentResources Minister Madeleine King met officials to discuss investments in the nickel industry in Australia.
출처: FinancialReview - 🏆 2. / 90 더 많은 것을 읽으십시오 »