ROYAL GOLD INC (RGLD): debt financing — Royal Gold extends revolver maturity to 2030, increases accordion to $400M, eases leverage test

ROYAL GOLD INC

Maturity extended from June 28, 2028 to June 30, 2030.
Accordion feature increased from $250M to $400M, allowing total commitments up to $1.4B.
Leverage ratio covenant revised to ≤4.00x at all times (previously 3.50x outside post-acquisition periods).
Sixth Amendment executed June 26, 2025; no defaults and all representations reaffirmed.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ROYAL GOLD INC amended credit facility of From the Credit Agreement; no change stated; accordion feature increased from $250 million to $400 million, allowing agg with Bank of Nova Scotia, Canadian Imperial Bank of Commerce, and BofA Securities, Inc., as joint lead arrangers and lenders at Not specified in the excerpt maturing Extended from June 28, 2028 to June 30, 2030.

Instrument: credit facility
Principal: From the Credit Agreement; no change stated; accordion feature increased from $250 million to $400 million, allowing agg
Counterparty: Bank of Nova Scotia, Canadian Imperial Bank of Commerce, and BofA Securities, Inc., as joint lead arrangers and lenders
Rate: Not specified in the excerpt
Maturity: Extended from June 28, 2028 to June 30, 2030
Event: amendment

Exact text from the filing

(as amended, the “Credit Agreement”), to, among other things: • extend the maturity date from June 28, 2028 to June 30, 2030; • increase the size of the accordion feature from $250 million to $400 million, which, subject to satisfaction of certain conditions and receipt of additional commitments from existing or new lenders, allows the borrowers to increase the

View on SEC.gov

10 debt financings filed in the last 30 days. Browse all debt financings →

ROYAL GOLD INC filing history →

Source: SEC EDGAR

accession 0000085535-25-000092

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.