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Hecla Mining Company Secures $500 Million Credit Facility

PUBLIC · HLSep 16, 20263 days ago

Amount Raised

$500 Million

Round Type

Debt Financing

Coeur d'AleneMiningPrecious MetalsMineralMining Technology

Investors

Bank Of America, N.A.

Description

On September 16, 2026, Hecla Mining Company announced the execution of a Credit Agreement providing for a $500 million senior secured revolving credit facility. This agreement involves various subsidiaries as borrowers and Bank of America, N.A. as the administrative agent. The facility includes an option to increase commitments to support future financial needs.

Company Information

Company

Hecla Mining Company

Location

Coeur d'Alene, Idaho, United States

About

Founded in 1891, Hecla Mining Company (NYSE:HL) is the largest silver producer in the United States. In addition to operating mines in Alaska, Idaho, and Quebec, the Company is developing a mine in the Yukon, Canada, and owns a number of exploration and pre-development projects in world-class silver and gold mining districts throughout North America.

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