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Annual report reveals the hefty price Liontown Resources paid to swap out its debt funding

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Australia’s newest lithium producer forked out $21.3 million to replace syndicated loans with a significantly smaller funding package.

Liontown Resources’ annual report lodged late on Friday revealed the financial sacrifice made to bin a $550m debt facility signed in March. Liontown needed the funds to get its Kathleen Valley mine in the Goldfields up and running.



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The post Annual report reveals the hefty price Liontown Resources paid to swap out its debt funding appeared first on 247 News Center.

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