Silver – Silver Wheaton Corp. (TSX:SLW,NYSE:SLW) announced that it has closed a non-revolving term loan worth US$1 billion; the loan has a three-year term that is extendable by one year with the lenders' unanimous consent. The company plans to use the loan to in part to repay the balance on its bridge facility.
Articles Tagged "loan"
Nickel – Victory Nickel Inc. (TSX:NI) announced that it has finalized a loan agreement for $1 million with an interest of 12% per annum, payable quarterly in arrears until January 31, 2015.
Gold – TheStreet reported that the rescue loan granted to Spain by the leaders of European countries helped gold rise, but only slightly.