29-Oct-2026 16:25:46

LLOYDSME : ALLOTS SENIOR SECURED NOTES FOR $130 MN

• Board committee approved allotment of USD 130 million senior secured floating rate notes on 29 October 2026 • 1,300 notes allotted at USD 100,000 face value each; tenor 3 years, maturing 29 October 2029 • Coupon at 3-month Term SOFR plus 4.5% margin, payable quarterly from 29 January 2027; principal as bullet payment at maturity • Private placement under Regulation S of the US Securities Act; notes to remain unlisted • Proceeds for capex at the BHQ Plant, reimbursement of BHQ capex, and offshore repayment of agreed group indebtedness • Security includes second pari passu charge on BHQ Plant movable fixed assets and pledge of 49% shares in Virtus Lloyds

Lloyds Metals And Energy Limited

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