• Debt facility reduced from US$150M to US$110M
• Includes US$40M term loan and US$70M revolving credit facility
• Repayment of US$39.8M to reduce term loan at completion
• Provides greater undrawn debt capacity and balance sheet flexibility

Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) has announced the restructuring of its syndicated debt facility with its Lenders, Nedbank Limited, Nedbank Namibia Limited, and Macquarie Bank. The original debt facility was executed in January 2024 prior to the recommencement of production at the Langer Heinrich Mine and the company's acquisition of Fission Uranium Corp. The restructure aims to right-size the overall debt capacity, reducing it from US$150M to US$110M, leveraging Paladin's enhanced liquidity position following the successful completion of the A$300M equity raise and A$100M Share Purchase Plan in 2025. The restructured debt facility includes a US$40M term loan facility, reducing costs associated with the current debt portfolio, and an undrawn US$70M revolving credit facility, providing additional undrawn debt capacity and balance sheet flexibility. As part of the restructure, a repayment of US$39.8M will be made to reduce the term loan facility at completion. The restructure reflects Paladin's increasing maturity as a uranium producer as it continues to progress the ramp-up at the Langer Heinrich Mine.