Osisko Mining Adjusts Terms of $225M Debt Financing

Montréal-based Osisko Mining Corp. (TSX:OSK), which operates the Malartic Gold Mine in Québec, has reached agreements with CPPIB Credit Investments, the Caisse de dépôt et placement du Québec and Ressources Québec, a subsidiary of Investissement Québec, to adjust the terms of its $225 million long-term debt facilities. A new repayment schedule was created for the $150 million CPPIB facility and $75 million in convertible debentures. Osisko is a portfolio company of the Fonds de solidarité des travailleurs du Québec FTQ.

1 August 2013•4 mins read
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