Peninsula Energy Executes Convertible Note Debt Facility Agreement
Key points
- Peninsula Energy Limited has executed a definitive investor facility agreement.
- The agreement is for a US$30 million senior secured convertible note debt facility.
- Drawdown is subject to customary conditions being met by 31 July 2026.
Full summary
Peninsula Energy Limited (ASX: PEN) has executed a definitive investor facility agreement for a US$30 million senior secured convertible note debt facility with SP Financing 1 Pty Limited, an affiliate of Soul Patts. The agreement terms are consistent with those previously announced. The drawdown remains subject to customary conditions precedent being satisfied prior to 31 July 2026.
Outlook
The drawdown of the debt facility remains subject to customary conditions being met before July 31, 2026.
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