$200 Million Debt Facility Executed to Accelerate Growth
| Stock | Chrysos Corporation Ltd (C79.ASX) |
|---|---|
| Release Time | 4 Jun 2026, 9:04 a.m. |
| Price Sensitive | Yes |
Chrysos Corporation Secures $200M Debt Facility for Growth
- $200M debt facility to support growth
- New facility provides better pricing and covenants
- Supports production of 18 PhotonAssay units per year
- Strong global adoption with 23 new lease agreements
- Positive market conditions with high utilization
Chrysos Corporation Ltd (ASX:C79) announced the successful refinancing of its corporate facilities with a new three-year AUD$200 million syndicated facility. The new debt facility, provided by Australia and New Zealand Banking Group Limited, National Australia Bank Limited, and Export Finance Australia, offers more favorable terms compared to the existing asset-based financing structure. It includes improved pricing, reduced commitment fees, better covenants, and increased funding headroom. The facility supports the production of 18 PhotonAssay units per year, with a forward order book extending to 22 units. The company has signed 23 new lease agreements year-to-date, reflecting strong global adoption. Chrysos also reported processing over one million samples for three consecutive months, supported by a buoyant gold market.