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Pembroke secures funds for Olive Downs expansion

Summary by iQ Industry Queensland
Bowen Basin miner Pembroke Resources has raised about $875 million to refinance debt facilities and support the expansion of its Olive Downs coal complex.The finance comes in the form of senior secured bonds in the Nordic Corporate Bond Market, with settlement expected to occur in March.Pembroke chairman, chief executive officer and founder Barry Tudor said this was another significant milestone in the Pembroke journey.“The bond received strong …
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iQ Industry QueenslandiQ Industry Queensland

Pembroke secures funds for Olive Downs expansion

Bowen Basin miner Pembroke Resources has raised about $875 million to refinance debt facilities and support the expansion of its Olive Downs coal complex.The finance comes in the form of senior secured bonds in the Nordic Corporate Bond Market, with settlement expected to occur in March.Pembroke chairman, chief executive officer and founder Barry Tudor said this was another significant milestone in the Pembroke journey.“The bond received strong …

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iQ Industry Queensland broke the news in on Thursday, February 6, 2025.
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