Critical Materials & Supply Chain▲
Highlander Silver Signs $330M Natixis Mandate for Peru Corani Project
Highlander Silver has signed a mandate with Natixis CIB for a fully underwritten seven-year senior secured project finance facility of $330M. The financing will be supported by a cost overrun facility of up to $100M, to be provided by Highlander Silver before the first draw, with final facility amounts remaining subject to due diligence. The company will use the funds to finance the development and construction of its Corani Silver Project in Peru. Highlander Silver had approximately $100M in cash and no debt as of June 30, and it retained 100% of the project's offtake rights. Closing of the facility is expected in Q1 2027.
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HSLV · Capital · Positive Signs $330M Natixis-led project finance facility plus $100M cost overrun support to fund construction of its Corani Silver Project.
Natixis · Capital · Positive Natixis CIB is mandated to underwrite the $330M senior secured project finance facility for Highlander Silver's Corani project.