Karara Mining $1.48 billion financing

19/5/2015

Project finance

Value:

$ 1.48 billion

Status:

Completed

Date:

19/5/2015

Overview:

Karara Mining has taken out a $1.48 billion syndicated loan facility.
Two of KML's existing facilities have been refinanced, providing KML with an extended maturity.
This will allow KML to focus on achieving sustainable production of magnetite concentrate at nameplate capacity at the Karara Iron Ore Project.

Katrin Kostadinova - Data analyst

Jurisdiction:

Australia

Deal type:

Project finance

Practice area:

Project finance

Governing law:

Australia

Industry sector:

Mining

Firm:

Ashurst

Party: Karara Mining (Borrower)

Lawyer: Gaelan Cooney

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