SVM · Silvercorp Metals Inc.

Silvercorp Metals Inc. has secured a landmark RMB1.5 billion syndicated term loan facility, significantly exceeding its original RMB1 billion target with 2x oversubscription from a syndicate of international banks led by Standard Chartered Bank (Hong Kong) Limited. This financing divides into two tranches: Facility A of RMB425.5 million at a floating rate tied to CNH HIBOR plus a 1.92% margin, and Facility B of RMB1.0475 billion at a fixed 3.67% rate, both eligible for reductions based on the company's net leverage performance. The 3-year term aligns with strategic cash flow from RMB dividends outside China, minimizing FX risks. Secured by company and subsidiary guarantees, accounts, and shares, it bolsters liquidity amid global mining expansion in regions like Kyrgyzstan and Ecuador. Investors benefit from optimized capital structure, complementing robust cash reserves and operating cash flows, positioning Silvercorp to pursue organic growth, M&A, and long-term objectives without equity dilution.