Osisko Mining completes renegotiation of $225 mln debt facility agreements

Osisko Mining Corp has completed its renegotiation of long-term debt facility agreements totaling $225 million. The previously-announced transaction involves CPPIB Credit Investments, the Caisse de dépôt et placement du Québec and Ressources Québec, a subsidiary of Investissement Québec. A new repayment schedule was created for the $150 million CPPIB facility and for $75 million in convertible debentures. Based in Montréal, operates Québec's Malartic Gold Mine and is currently exploring new properties in Ontario and Mexico.

17 December 2013•4 mins read
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