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Perseus Mining Upsizes and Extends Debt Facility to Bolster Liquidity

Story Highlights
  • Perseus Mining expanded its revolving loan facility to US$400 million, with a US$100 million accordion and longer tenor.
  • The refinancing, secured on improved pricing amid strong lender demand, lifts Perseus’s available liquidity above US$1.2 billion to support growth and shareholder returns.
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Perseus Mining Upsizes and Extends Debt Facility to Bolster Liquidity

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Perseus Mining ( (AU:PRU) ) has issued an update.

Perseus Mining has refinanced and expanded its syndicated revolving corporate loan facility from US$300 million to US$400 million, with an additional US$100 million accordion option, on improved terms and extended tenure of three years plus two one-year extension options. Supported by strong lender demand that saw the deal more than 100% oversubscribed and a 125-basis-point reduction in margin, the new facility, together with Perseus’s net cash of US$837 million as at 30 September 2025, lifts available liquidity to over US$1.237 billion, enhancing financial flexibility for general corporate purposes, funding its five-year growth plans, and sustaining dividends and share buybacks for shareholders.

The most recent analyst rating on (AU:PRU) stock is a Hold with a A$5.70 price target. To see the full list of analyst forecasts on Perseus Mining stock, see the AU:PRU Stock Forecast page.

More about Perseus Mining

Perseus Mining Limited (ASX/TSX: PRU) is a West Africa-focused gold producer operating the Yaouré, Edikan and Sissingué gold mines and developing additional projects such as Nyanzaga. The company targets sustained, low-cost gold production and disciplined growth while maintaining a strong balance sheet to support both expansion initiatives and capital returns to shareholders.

Average Trading Volume: 5,630,556

Technical Sentiment Signal: Buy

Current Market Cap: A$7.5B

For detailed information about PRU stock, go to TipRanks’ Stock Analysis page.

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