LunR Royalties Secures $150 Million Credit Facility
LunR Royalties Corp., listed on the TSX as LUNR, has announced an agreement to establish a $100 million Revolving Credit Facility with National Bank of Canada Capital Markets and ING Capital LLC as Co-Lead Arrangers. The facility will also have a $50 million accordion feature.
The credit facility is expected to provide LunR Royalties with the necessary financing to support its operations, allowing it to continue pursuing its business goals. National Bank of Canada and ING acted as lenders in this agreement.