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Frontier Energy Limited (ASX:FHE)

ALERT: Price-sensitive ASX Announcement for FHE
Current share price for FHE : $0.200 -0.02 (-9.09%)+
Announcement
Release
17 Jul 2026 8:35AM
Price at Release
$0.220
Full Release
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Summary
Frontier Energy Limited has secured a credit-approved debt package coordinated by Natixis and SMBC to finance the Waroona Project. This includes senior secured non-recourse project finance facilities totaling approximately A$280 million, comprising various facilities like a construction and term facility, a bank guarantee, and a debt service reserve facility. The financing package is structured over an 18-year notional repayment period, with an additional one-year extension option. This financial backing underscores the project's technical and commercial viability, allowing Frontier Energy to advance with finalizing agreements and fulfilling conditions for project commencement. Azure Capital and Clayton Utz are providing advisory roles for this initiative.
Key Points
  • The debt package for the Waroona Project is underwritten by Natixis and SMBC.
  • The debt facilities are senior secured non-recourse project finance facilities.
  • Debt facilities amounting to approximately A$280 million have been credit approved.
  • The facilities include a construction and term facility, a bank guarantee facility, and a debt service reserve facility.
  • Repayments are structured over a notional 18-year period with an option to extend by one year.
  • The financing validates the technical and commercial robustness of the Waroona Project.
  • Frontier Energy is working towards finalizing binding facility agreements and conditions precedent.
  • Azure Capital is advising financially and Clayton Utz is advising legally for Frontier Energy.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.