Coeur Mining repays $99 million term loans, terminates credit facility

By Marisa Wong

Morgantown, W.Va., July 18 – Coeur Mining, Inc. terminated its credit agreement dated June 23, 2015 with Barclays Bank plc as administrative agent on July 15, according to an 8-K filing with the Securities and Exchange Commission.

In connection with the termination, Coeur repaid the $99 million remaining principal balance of the term loan plus a $4.4 million prepayment penalty, for a total of $103.4 million.

Coeur Mining is a Chicago-based precious metals mining company.

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