6-K - Lithium Argentina AG | StockGist

AI Analysis

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Lithium Argentina AG entered into a Loan Agreement on March 20, 2026, with GFL International Co., Limited, a subsidiary of Ganfeng Lithium Group Co. Ltd., for up to US$130 million at SOFR plus 2.5% interest over a six-year term from initial advance (no later than December 31, 2032). The loan fulfills obligations under a prior Framework Agreement for the PPG joint venture (Ganfeng 67%, Lithium Argentina 33%) and includes offtake allocations and security on PPG equity.

Key Takeaways

1Loan Agreement dated March 20, 2026, for up to US$130 million from GFL International Co., Limited

2Interest at SOFR plus 2.5%; six-year term from Initial Advance, latest December 31, 2032

3Secured by Company's equity interest in PPG joint venture; prepayable without penalties

4Lithium Argentina to allocate up to 50% of PPG initial phase offtake (6,000 tpa LCE cap) to Lender at market prices

5Interim: sell up to 6,000 tpa LCE from Cauchari-Olaroz unallocated entitlement to Ganfeng

6Initial advance conditions include securing capital for convertible notes due January 2027

Current Report Details

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Securities Issuance

Transaction Details

Debt / Financing

Instrument: Loan
Principal: 130000000
Rate: SOFR plus 2.5%
Maturity: six years from Initial Advance or December 31, 2032

Exhibits (3)

6-K

FORM 6-K

99.1

EXHIBIT 99.1

99.2

EXHIBIT 99.2