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Oaktree

asset based lendingUSA 05-06-2025

Coronado secures US$150m ABL facility to strengthen financial position

Coronado Global Resources (Coronado) has secured a US$150m asset-based lending (ABL) facility from US asset manager Oaktree Capital Management (Oaktree) in a strategic move to bolster its financial stability. The metallurgical coal producer's subsidiary, Coronado Finance, finalised a binding commitment...

#asset based lending#Barrie Van der Merwe#Coronado

Coronado secures US$150m ABL facility to strengthen financial position
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