Skeena prices US$750 million 8.5% senior secured notes due 2031

Skeena Resources Limited +2.77%

Skeena Resources Limited

SKE

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  • Skeena priced offering of US$ 750 million 8.500% senior secured notes due 2031.
  • Closing expected around April 10, 2026.
  • Proceeds earmarked for US$ 184 million partial buyback of existing gold stream tied to Eskay Creek.
  • Interest reserve account funded with about US$ 94 million to cover first three semi-annual coupon payments.
  • Transaction also set to cancel undrawn US$ 350 million senior secured term loan alongside removal of stream cost overrun facility.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skeena Resources Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604020650PRIMZONEFULLFEED9683186) on April 02, 2026, and is solely responsible for the information contained therein.