Gilbert + Tobin has advised Northern Star Resources Limited (ASX: NST) on a $500 million increase to its existing revolving credit facilities, bringing its total corporate bank facilities to $2.25 billion.
The transaction builds on G+T's previous role advising Northern Star on its major refinancing, further strengthening the firm's longstanding relationship with one of Australia's leading gold producers.
The additional $500 million tranche matures in October 2029 and provides Northern Star with greater financial flexibility as it continues to progress its operational and growth priorities.
Partner Dom McGreal commented:
Dom McGrealWe are pleased to have continued our support of Northern Star as it expands its debt facilities to $2.25 billion. Building on the refinancing completed earlier this year, this latest transaction further strengthens Northern Star’s financial flexibility and provides additional capacity to support its ongoing operations and growth ambitions. It has been a pleasure to work with the Northern Star team again.
The G+T team was led by partner Dom McGreal and David Stokes, with support from Jason Duryea.
