IFLR1000

Ma’aden Barrick Copper Company SR750 million financing

1/4/2015
Project finance
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SR 750 million

$ 199.950 million

Completed

1/4/2015

Overview:

  • The Ma’aden Barrick Copper Company, a joint venture between Barrick Gold Corporation in Canada, and Ma'aden has taken out SR750 million in financing to develop a copper mine in Jabal Sayid.
  • The loan was secured from the Saudi British Bank.

Sam Duke - Editor

Jurisdiction:

Saudi Arabia

Deal type:

Project finance

Practice area:

Project finance

Industry sectors:

Mining
Natural resources

Firm:
Khoshaim & Associates

Party: Saudi British Bank (Lender)

Lawyer: Karim Wali

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