Ashurst advises Deterra on A$150 million agreement increase with an existing financier
13 September 2023
13 September 2023
Global law firm Ashurst has advised Deterra Royalties on increasing Deterra's existing Facility Agreement with one of its existing financiers from A$100 million to A$250 million on existing terms. The new agreement and its current bilateral facility agreements will increase Deterra's total available funding to A$500 million.
Deterra is an ASX-listed resource royalty company based in Perth.
The Ashurst team was led by partner Gaelan Cooney, who was assisted by: Counsel Marina Tinning, senior associate Zoe Woolford, and associate Dominique Roth (Projects & Energy Transition).