Silvercorp Metals Inc. Secures RMB 1.5 Billion Syndicated Term Loan Facilities

Silvercorp Metals Inc. has entered into a 3-year syndicated term loan facilities agreement for an aggregate of RMB 1.5 billion (approximately US$220 million), with total bank commitments reaching RMB 2 billion, representing a 2x oversubscription. The sole mandated lead arranger and bookrunner is Standard Chartered Bank (Hong Kong) Limited. The proceeds will be used for general corporate purposes and to support the Company’s global working capital requirements, aiming to optimize its capital structure and strengthen financial flexibility. The agreement includes two tranches: Facility A with floating rate pricing based on CNH HIBOR plus a margin, and Facility B with a fixed interest rate. Both tranches are subject to reduced rates based on the Company’s consolidated net leverage ratio and payment of certain fees. Repayments will be funded from RMB dividends received outside of China from the Company’s China operations. The facility will be guaranteed by and secured by certain accounts and share security by the Company and certain subsidiaries. This financing complements the Company’s existing cash reserves and operating cash flow, supporting its long-term strategic growth objectives.