Aura Minerals Announces USD 200 Million Syndicated Loan Facility

Aura Minerals arranges a US$200 million, 5-year syndicated loan to support working capital and planned production growth projects.

Rhea-AI Summary

Aura Minerals (AUGO) has secured a new syndicated loan facility of US$200 million at the holding company level.

The facility bears annual interest at SOFR + 2.70%, includes a two-year grace period, and has a final maturity of 5 years. Citigroup Global Markets and Itaú BBA acted as joint lead arrangers and bookrunners. Aura plans to use the net proceeds mainly to pay suppliers and to prepay costs of producing and selling its goods. The company said the loan strengthens its capital structure, extends financial flexibility, diversifies funding sources, and supports ongoing and planned production growth projects.

Positive

• New syndicated loan facility of US$200 million increases available funding
• Loan terms include 2-year grace period and 5-year maturity
• Interest priced at SOFR + 2.70% per year
• Proceeds earmarked for supplier payments and production cost prepayments, supporting operations and growth
• Facility arranged by Citi and Itaú BBA, diversifying funding sources

Negative

• New borrowing adds US$200 million in debt obligations

Market Context

US$168.0 million of net debt was reported in Aura’s Aug 05 earnings release, providing a prior balan...

Analysis

US$168.0 million of net debt was reported in Aura’s Aug 05 earnings release, providing a prior balance-sheet reference for the new facility; that release also reported net debt at 0.21x LTM Adjusted EBITDA.

Key Figures

Loan principal: US$200,000,000.00 Interest rate: SOFR + 2.70% per year Grace period: 2 years +1 more

Loan principal

US$200,000,000.00

Syndicated loan facility at the holding company level

Interest rate

SOFR + 2.70% per year

Loan facility

Grace period

2 years

Loan facility

Maturity

5 years

Loan facility

Historical Context

1 past event · Latest: Aug 05

1 event

1. Aug 05

   Q2 earnings report

   24h Move

   -0.2%

   Reported US$168.0 million net debt and 0.21x LTM Adjusted EBITDA alongside record H1 results.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

syndicated loan facility, sofr

2 terms

syndicated loan facility financial

"entered into a syndicated loan facility"

A syndicated loan facility is a single large loan arranged and administered by one or more lead lenders but funded by a group of banks or institutional lenders, each taking a share of the credit under one common agreement. It matters to investors because it supplies significant, often long-term funding for a borrower, affecting that company’s cash flow, credit risk profile and overall capital structure—like several lenders pooling to finance a big mortgage.

sofr financial

"bear interest at a rate of SOFR + 2.70% per year"

The Secured Overnight Financing Rate (SOFR) is a market benchmark that measures the cost of borrowing cash overnight using U.S. Treasury securities as collateral. Investors watch SOFR because it acts like a speedometer for short-term interest costs—affecting loan rates, bond yields and the pricing of interest-rate contracts—so movements change borrowing expenses, cash returns and the value of interest-sensitive investments.

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ROAD TOWN, British Virgin Islands, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Aura Minerals Inc. ("Aura Minerals" or the "Company" or the "Borrower") (NASDAQ: AUGO | B3: AURA33) announced today that it has entered into a syndicated loan facility (the "Loan"), in the aggregate principal amount of US$ 200,000,000.00 (two hundred million dollars), as borrower at the holding company level.

Citigroup Global Markets Inc. ("Citi") and Itaú BBA Assessoria Financeira S.A., acted as joint lead arrangers and bookrunners for the Loan.

The Loan will bear interest at a rate of SOFR + 2.70% per year with two years grace period and maturity of 5 years. The Company intends to use the net proceeds to finance the Borrower’s (or any of its subsidiaries’) payments to suppliers and/or to finance the prepayment of its costs of producing and selling its goods.

Rodrigo Barbosa, CEO and President, commented: "We are pleased to announce this USD 200 million syndicated loan facility, a further step in strengthening Aura's capital structure and extending our financial flexibility as we keep increasing our production towards our target of producing over 600k GEO per year in the medium term, including the ongoing construction of Era Dorada and expansion of production capacity at Almas and the expected expansion of Borborema. Securing this Loan at a SOFR + 2.70% reflects our operational momentum, robust cash generation and disciplined growth strategy. At Aura, our approach to capital allocation remains balanced and consistent — combining prudent liability management with continued investment in our growth pipeline, while maintaining the financial discipline that has defined our track record. This transaction further diversifies our funding sources and supports the current phase of value creation for our shareholders under the Aura 360 culture."

About Aura 360° Mining

Aura is focused on mining in complete terms – thinking holistically about how its business impacts and benefits every one of our stakeholders: our company, our shareholders, our employees, and the countries and communities we serve. We call this 360° Mining.

Aura is a company focused on the development and operation of gold and base metal projects in the Americas. The Company's six operating assets include Minosa gold mine in Honduras; Almas, Apoena, Borborema and MSG gold mines in Brazil; and Aranzazu, a copper, gold, and silver mine in Mexico. Additionally, the Company owns Era Dorada, a gold project in Guatemala; Tolda Fria, a gold project in Colombia; and two projects in Brazil: Matupá, which is under development; and the Carajás copper project in the Carajás region, in the exploration phase.

For further information, please visit Aura’s website at www.auraminerals.com or contact:

Investor Relations

ri@auraminerals.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who arranged Aura Minerals' new US$200 million syndicated loan facility?

The joint lead arrangers and bookrunners for Aura Minerals' US$200 million syndicated loan were Citigroup Global Markets Inc. (Citi) and Itaú BBA Assessoria Financeira S.A.

What are the key financial terms of Aura Minerals' syndicated loan?

The loan has an aggregate principal amount of US$200 million, bears interest at SOFR + 2.70% per year, includes a two-year grace period, and has a 5-year maturity.

How does Aura Minerals intend to use the net proceeds from the loan?

Aura Minerals intends to use the net proceeds to finance the Borrower’s or its subsidiaries’ payments to suppliers and to finance the prepayment of its costs of producing and selling its goods.

How does Aura Minerals describe the strategic purpose of this loan facility?

The company describes the facility as a step in strengthening its capital structure, extending financial flexibility, and diversifying funding sources, while supporting its current phase of production growth and value creation under its Aura 360 culture.