Global law firm Ashurst has advised Deterra Royalties Limited on the refinancing of its existing facility to fund working capital and general corporate purposes.
Deterra Royalties Limited is Australia’s leading listed royalty investment company. Its principal activity is the management and growth of a portfolio of royalty assets across a range of commodities focused on bulks, base and battery metals.
The increase in Deterra Royalties Limited’s credit limit (from A$40 million to A$350 million) allows it to act flexibly on value accretive acquisitions.
The Ashurst team was led by Perth Office Managing Partner Gaelan Cooney, assisted by Associates Brian Roduner and Dominique Roth (International Projects Group).
/Public Release.
