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Ero Copper plans revolver paydown and reduction with new notes
Chicago, Jan. 24 – Ero Copper Corp. announced that it plans to pay down its revolving credit facility with $50 million of the proceeds from a new offering of senior notes due 2030, according to a press release.
When the new notes offering closes, the company also plans to reduce the size of its senior secured revolving credit facility to $75 million from $150 million.
Ero Copper has headquarters in Vancouver, B.C., and is focused on copper production growth from the MCSA Mining Complex located in Bahia, Brazil.
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