EBRD provides long-term financing for critical minerals in Cote d'Ivoire
Cote Dlvoire, June 29 -- The European Bank for Reconstruction and Development (EBRD) is providing a secured loan of US$ 30 million (€26 million equivalent) to Polynickel West Africa Holding (Polynickel), a subsidiary of CoreX Holding (CoreX), a diversified international conglomerate and a longstanding EBRD client.The EBRD's loan is part of a US$ 180 million (€156 million equivalent) syndicated facility provided alongside FirstRand Bank, acting through its Rand Merchant Bank division, Absa Bank, Mauritius Commercial Bank and Abu Dhabi Commercial Bank. The facility will convert a temporary bridge loan extended to Polynickel - which was used to fund the acquisition of a majority stake in Compagnie Miniere du Bafing (CMB), a nickel ...
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.