Royal Gold amends revolving credit facility, extends maturity to June 30, 2030
Royal Gold entered into a Sixth Amendment to its revolving credit facility on June 26, 2025, extending the maturity date from June 28, 2028 to June 30, 2030. The amendment also raises the accordion feature from $250 million to $400 million, which could allow total commitments of up to $1.4 billion if conditions are met and additional commitments are received.
Key points
- Maturity date extended from June 28, 2028 to June 30, 2030
- Accordion feature increased from $250 million to $400 million, allowing commitments of up to $1.4 billion subject to conditions
- Leverage ratio revised to be less than or equal to 4.00:1.00, compared with 3.50:1.00 at all other times under the prior terms
- Other terms of the Credit Agreement remain in effect; the Bank of Nova Scotia is administrative agent
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 01, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.