Whitehaven Coal secures new $1 billion bank lending facility

摘要

Australian-listed coal producer Whitehaven Coal has lowered its debt-financing costs by accepting a new A$1.4 billion ($1.06 billion) secured bank facility provided by a syndicate of Australian and international banks, the company said in a statement Thursday. Whitehaven has access under the new funding package to a A$1.2 billion line of credit for general corporate purposes that has a maturity date of July 2019.