Macquarie Leads $275 Million Syndicated Financing For Precious Metals Merchant Auramet

Aug 05, 2023•over 2 years ago

Amount Raised

$275 Million

TeaneckMineralPrecious MetalsMining

Investors

MacquarieMacquarie Bank Limited

Description

Auramet International, Inc. (“Auramet”), a leading precious metals merchant, is pleased to announce that it has closed a $275 million syndicated revolving credit facility (the “Facility”) led by Macquarie Bank Limited (“Macquarie”). Macquarie acted as Mandated Lead Arranger, Bookrunner and Administrative Agent for the Facility, which was well oversubscribed. The Facility complements Auramet’s various bilateral banking facilities.

Company Information

Company

Auramet

Location

Teaneck, New Jersey, United States

About

Auramet's expertise in precious and battery metals begins with a skilled management team holding decades of experience in mining, commodities, and financial transactions. As a physical metals merchant, Auramet offers a range of flexible solutions to mining companies and manufacturers, including: · Physical Precious Metal Offtake, Supply and Risk Management · Precious Metal Value Chain Financing · Debt and Project Finance Consulting Services · Bridge, Working Capital and Term Lending · Royalty, Stream and Equity Investments In each area of our business, Auramet's guiding philosophy is to at all times be responsive and flexible, and strive for mutually beneficial results. Customer satisfaction and repeat business are of paramount importance.

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