8961166 Canada $530 million acquisition of Niobec

Overview:

• 8961166 Canada has acquired Niobec for $530 million from IAMGOLD Corporation.
• The acquirer has received financing aggregating to $275 million from a consortium of lenders - National Bank of Canada and The Bank of Nova Scotia.
• National Bank of Canada has acted as an administrative agent and issuing bank, while The Bank of Nova Scotia was a co-lead arranger.
• Magris Resources has sponsored the acquisition.
• 8961166 Canada is a consortium of Magris Resources, CEF Holdings and Temasek. 

Katrin Kostadinova - Data analyst