B2Gold repays $375 million of revolver, to pay off rest by month-end

By Taylor Fox

New York, Sept. 10 – B2Gold Corp. began repaying the $425 million outstanding balance on its revolving credit facility in August, according to a news release.

B2Gold has repaid to date $375 million of the total outstanding balance and expects to repay the final remaining tranche of $50 million and be debt-free by late September, other than mining equipment loans and leases totaling $50 million.

This will leave B2Gold with the full amount on the $600 million revolver undrawn and available.

The company is a gold producer based in Vancouver, B.C.

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