IFLR1000

Quebrada Blanca mine

30/5/2019
Project development, Project finance
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$ 2.5 billion

Announced

30/5/2019

Overview:

Quebrada Blanca mine

  • Teck Resources obtained a $2.5 billion credit facility to finance phase two of the Quebrada Blanca mine.
  • Japan Bank for International Cooperation, Export Development Canada, Export-Import Bank of Korea , KFW IPEX-Bank, Bank of Montreal, BNP Paribas, ING Bank, Mizuho Bank, MUFG Bank and Sumitomo Banking Corporation acted as lenders. 

Rani Mehta - Latin America Editor

Jurisdiction:

Chile

Deal types:

Project development
Project finance

Practice areas:

Project finance
Project development

Industry sector:

Mining

Firms:
Carey

Party: Teck Resources (Borrower)

Lawyers: Felipe Moro, Rafael Vergara

Milbank

Party: Japan Bank for International Cooperation (Lender)

Party: Export Development Canada (Lender)

Party: The Export-Import Bank of Korea (Lender)

Party: KfW IPEX-Bank (Lender)

Party: Bank of Montréal (Lender)

Party: BNP Paribas (Lender)

Party: ING Bank (Lender)

Party: Mizuho Bank (Lender)

Party: MUFG (Lender)

Party: Sumitomo Corporation (Lender)

Lawyer: Alexander Borisoff

Philippi Prietocarrizosa Ferrero DU & Uría

Party: Japan Bank for International Cooperation (Lender)

Party: Export Development Canada (Lender)

Party: The Export-Import Bank of Korea (Lender)

Party: KfW IPEX-Bank (Lender)

Party: Bank of Montréal (Lender)

Party: BNP Paribas (Lender)

Party: ING Bank (Lender)

Party: Mizuho Bank (Lender)

Party: MUFG (Lender)

Party: Sumitomo Corporation (Lender)

Lawyer: Marcela Silva

Sullivan & Cromwell

Party: Teck Resources (Borrower)

Lawyer: Chris Mann

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