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Skeena Resources Plans $750 Million Senior Notes Offering to Refinance, Boost Gold Project

BY MT Newswires | CORPORATE | 09:08 AM EDT

09:08 AM EDT, 03/31/2026 (MT Newswires) -- Skeena Resources (SKE) said Tuesday it plans to issue $750 million in senior secured notes due 2031 to support its Eskay Creek project.

The company said it will use about $184 million of the proceeds to reduce its gold streaming obligations by two-thirds, $100 million for an interest reserve account, and the rest for the Eskay Creek project development and general purposes.

Skeena said it also plans to cancel an unused $350 million loan and related facility as part of the refinancing to improve margins and increase exposure to gold prices.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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