Ashurst advises Deterra on A$150 million agreement increase with an existing financier
13 September 2023
![Insight Hero Image](https://ashurstcd.azureedge.net/-/media/Ashurst/Images/Site/R009046_Insights-Generic-1-1440x450.jpg?h=450&w=1440&rev=26cb3f9eebdd45d78d3297c2eb3f5191&sc_lang=en&hash=D1FE27A914BA04D49E89931C5608794E)
13 September 2023
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).