Paladin (ASX:PDN) share price falls 5% on smaller debt package
Rask Media·2025-12-18 01:15

Core Viewpoint - Paladin Energy Ltd has announced a debt restructuring that has led to a 5% drop in its share price, reflecting its efforts to enhance liquidity and financial flexibility as a significant uranium producer [1][3]. Debt Restructuring - The company has restructured its syndicated debt facility with lenders including Nedbank Limited, Nedbank Namibia, and Macquarie Group Ltd, with the restructuring completed on December 18, 2025, subject to customary conditions [2]. - The overall debt capacity has been reduced from US$150 million to US$110 million, which is expected to improve liquidity following a successful A$300 million capital raising and a US$100 million share purchase plan earlier this year [3]. Changes in Debt Structure - The term loan facility has been adjusted to US$40 million from a previous balance of US$79.8 million as of September 30, 2025, which will lower costs associated with the debt portfolio maturing on February 28, 2029 [5]. - An undrawn revolving credit facility has increased to US$70 million from US$50 million, providing additional capacity that matures on February 28, 2027, with options for two one-year extensions [6]. Company Outlook - As global energy demand rises, particularly from data centers, Paladin Energy could play a more significant role in the energy sector, indicating a potentially profitable future for the company [7].

Paladin (ASX:PDN) share price falls 5% on smaller debt package - Reportify