secwatch.observer — SEC 8-K summary
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Issuer:     SSR MINING INC. (SSRM)
CIK:        0000921638
Form:       8-K
Filed at:   2023-07-31T23:59:59+00:00
Accession:  0000921638-23-000163
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SSR Mining subsidiary amends $350M term loan to replace LIBOR with SOFR-based rates
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- Anagold (SSR Mining's Turkish JV subsidiary) entered Third Amendment and Restatement Deed on July 26, 2023.
- The $350M term facility for Copler Gold Mine expansion now uses adjusted term SOFR instead of LIBOR.
- Interest margin ranges from 3.5% to 3.7% depending on tranche, plus a credit spread adjustment of 0.0064%–0.71513%.
- Lenders include ING Bank N.V. as facility agent; shareholders include Alacer Gold, Lidya, and Banka Kombetare Tregtare SHA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/921638/000092163823000163/0000921638-23-000163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/921638/000092163823000163/ssrm-20230726.htm
  HTML page:      https://secwatch.observer/filing/0000921638-23-000163

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