Ashurst advises Deterra on A$150 million agreement increase with an existing financier

Global law firm Ashurst has advised Deterra Royalties on increasing Deterra's existing Facility Agreement with one of its existing financiers from A$100 million to A$250 million on existing terms. The new agreement and its current bilateral facility agreements will increase Deterra's total available funding to A$500 million.

Deterra is an ASX-listed resource royalty company based in Perth.

The Ashurst team was led by partner Gaelan Cooney, who was assisted by: Counsel Marina Tinning, senior associate Zoe Woolford, and associate Dominique Roth (Projects & Energy Transition).