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Skeena Gold & Silver raises $750M via senior notes to refinance debt and boost Eskay Creek project.

Company Fundamentals
10 Apr 2026
GlobeNewsWire
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Bullish
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Skeena Gold & Silver completed a $750 million offering of 8.5% senior secured notes maturing in 2031 to refinance existing project financing and repurchase 66.67% of its gold stream. This move reduces the company's cost of capital, increases exposure to gold prices, and improves financial flexibility as it advances the Eskay Creek project toward production in Q2 2027. The funds will also support ongoing construction and prefund interest payments. This refinancing marks Skeena as the first pre-revenue mining company in over a decade to successfully issue high-yield public notes, signaling strong investor confidence.

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