Royal Gold, Inc. announced that on May 5, 2026, entered into a seventh amendment to the revolving credit facility that added a new $600 million uncommitted accordion feature to the revolving credit facility. The new accordion feature permits the Company to request additional commitments from the credit facility bank syndicate that would increase aggregate commitments under the revolving credit facility to up to $2.0 billion, subject to customary conditions, including the consent of each lender providing an additional commitment. The Company believes this accordion feature, if exercised, should provide sufficient additional liquidity to allow it to remain competitive and act quickly on larger opportunities in the current healthy transaction market.
Royal Gold, Inc. is engaged in the business of acquiring and managing precious metals, streams, royalties and similar interests. The Company operates through two segments, which include acquisition and management of stream interests, and the acquisition and management of royalty interests. Its acquisition and management of stream interests segment includes metal stream, which is a purchase agreement that provides, in exchange for an upfront deposit payment, the right and obligation to purchase all or a portion of one or more metals in an amount determined by reference to production at a mining operation, at a price determined for the life of the transaction by the purchase agreement. Its acquisition and management of royalty interests segment include non-operating interests in mining projects that provide the right to revenue or metals produced from the project after deducting specified costs, if any.
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Investor
Investor
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Global
Global
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Quality
Quality
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ESG MSCI
ESG MSCI
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