Sept 23 (Reuters) - Sandfire Resources Ltd (SFR) :
- ENTERED INTO A BINDING SALE AND PURCHASE AGREEMENT WITH TRAFIGURA AND MUBADALA INVESTMENT COMPAN
- DEAL TO ACQUIRE 100% OF MINAS DE AGUAS TEÑIDAS FOR US$1,865 MILLION
- TO FUND TRANSACTION THROUGH A COMBINATION OF A US$650M DEBT FACILITY & AN A$1,248M EQUITY RAISING
- TO FUND TRANSACTION THROUGH A$297M FROM EXISTING CASH RESERVES AND DRAWDOWN OF A$200M CORPORATE DEBT FACILITY
- ACQUISITION OF MATSA EXPECTED TO BE ACCRETIVE TO SANDFIRE'S EARNINGS AND CASH FLOW PER SHARE IN ITS FIRST FULL YEAR OF OWNERSHIP
- TRANSACTION IS EXPECTED TO COMPLETE IN MARCH 2022 QUARTER
- WILL RETAIN LIFE OF MINE CONCENTRATE OFFTAKE AGREEMENT WITH TRAFIGURA FOR 100% OF OFFTAKE FROM MATSA
- TERMS OF OFFTAKE AGREEMENT HAVE BEEN REVISED AND AGREED AS PART OF TRANSACTION TO REFLECT INDEPENDENT GO-FORWARD OPERATIONS
- ENTERED TERM SHEET WITH CITI, MACQUARIE BANK, NATIXIS & SOCIÉTÉ GÉNÉRALE FOR US$650M SYNDICATED & UNDERWRITTEN DEBT FACILITY
- ENTERED INTO A BINDING CREDIT-APPROVED COMMITMENT LETTER AND TERM SHEET WITH ANZ TO PROVIDE A A$200M CORPORATE DEBT FACILITY
- TO ISSUE 231 MILLION NEW SHARES AT A$5.40 PER SHARE
News: SFR Sandfire Resources Entered Binding Agreement With Trafigura And Mubadala Investment...
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Last
$12.47 |
Change
0.080(0.65%) |
Mkt cap ! $5.725B | |||
| Open | High | Low | Value | Volume |
| $12.49 | $12.54 | $12.35 | $14.32M | 1.148M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $12.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.48 | 303 | 1 |
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| Last trade - 16.13pm 12/09/2025 (20 minute delay) ? |
| SFR (ASX) Chart |