Investor Presentaiton
DEBT OVERVIEW
Acquisition supported by a new A$200m debt facility
Debt overview
Long term debt maturity aligned with mine life
-
Average debt tenor of 6.8 years with 74% long-term
debt
Pro forma gearing of 34% (pre SPP funding)
Group funding cost post transaction of ~5.0%
Cash generation from Northparkes and funding mix aligns
with our deleveraging plan
Debt maturity profile (A$m)
Long-term debt 74% of total
(6-12 year tenor)
Near-term debt
26% of total
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New
A$200m
debt facility
Evolution
MINING
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145
273
50
50
75
85
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120 50
95
50
35
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•
Cost in line with existing Facility F
•
No debt repayment until January 2025
FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 FY35 FY36
USPP
Bank Term Loan - Facility G
(new A$200m debt facility)
■Bank Term Loan - Facility F
Term loan with 5 year tenor
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