Hycroft Mining Holding Corp Completes $125.5 Million Debt Repayment
Hycroft Mining Holding Corp (NASDAQ: HYMC) announced on October 15, 2025 that it had repaid its remaining debt obligations through a $125.5 million payment. The transaction was completed by entering into Note Purchase and Sale Agreements with all 17 holders of the company’s 10 % Senior Secured Notes due 2027. The agreements, which mirror each other in terms, allowed Hycroft to repurchase the notes and thereby eliminate the outstanding principal balance and cash consideration amounts.
The payment was made to a group of holders that includes, but is not limited to, Mudrick Capital Management, L.P.; Whitebox Advisors, LLC; Highbridge Capital Management, LLC; and Aristeia Capital, LLC. The settlement was reported by multiple financial news outlets on October 16, 2025:
- Marketscreener.com detailed the structure of the Note Purchase and Sale Agreements.
- Investing.com and Seeking Alpha highlighted the stock’s rise following the debt extinguishment.
- Feedburner.com and de.investing.com noted the completion of the $125.5 million payment and its impact on the company’s financial position.
With the debt fully retired, Hycroft Mining’s balance sheet reflects a cleaner capital structure, potentially improving its credit profile and freeing up capital for future exploration and development activities in gold and silver mining.
