Bowen Coking Coal strikes new debt deal, targets A$25m equity boost

Bowen Coking Coal strikes new debt deal, targets A$25m equity boost

Bowen Coking Coal Ltd (ASX) has announced a significant breakthrough in its debt arrangements, achieving a Heads of Agreement with its major lenders, Taurus Mining Finance Fund No. 2, L.P. and New Hope Corporation. This development offers the company a lifeline with revised loan terms, including extended repayment schedules and reduced interest rates, crucial as […]