19
Mar
21:06
Antofagasta secures $2.5 billion financing for Centinela expansion
London-based, Chile-focused Antofagasta announced Tuesday a $2.5 billion project financing deal for the Centinela Second Concentrator project, in northern Chile, Kallanish reports.
The loan facility, signed by Minera Centinela, has a four-year drawdown period and a term of around 12 years. The company is 70% owned by Antofagasta and 30% by Marubeni Corporation.
The definitive agreements were secured with a group of international lenders including the Japan…
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