The Metals Royalty Announces Financing Package Comprised Of $140M Offering Of Convertible Secured Notes And A $25M Senior Secured Term Loan Facility
US$140 Million Secured Convertible Note Offering and a US$25 Million Senior Secured Term Loan to Fund the Additional Royalty and Repay Existing IndebtednessLONDON, UK / ACCESS Newswire / August 21, 2026 / The Metals
The Metals Royalty is borrowing $165 million total—$140 million in convertible notes (a loan that might turn into stock) and $25 million in a regular loan—to buy more royalties and pay back old debts. When a company borrows money, watch whether it's using the cash to grow or just to survive; this one seems focused on both.
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