debt
confidence high
sentiment neutral
materiality 0.50
Century Aluminum sub ups revolving credit facility to $80M from $50M
CENTURY ALUMINUM CO
- Nordural Grundartangi increased credit facility from $50M to $80M with Landsbankinn.
- Margin on loans rose from 2.95% to 3.05% per annum.
- Drawing limit increased to 70% of inventory and receivables (up from 65%).
- Borrower pays $30k arrangement fee and ISK 50k documentation fee.