Centerra Gold Announces Extension and Increase of its Corporate Credit Facility

Centerra Gold Inc. announced an amendment to its revolving credit facility with a syndicate of lenders, increasing the facility size from US$400 million to US$600 million with a four-year term maturing July 15, 2030. The new terms offer improved interest rates based on SOFR plus 1.875% to 3.000% margin, down from 2.25% to 3.25% previously. The facility remains undrawn and provides flexibility for general corporate purposes including working capital, investments, acquisitions, and capital expenditures.