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21 Dec
03:12

Whitehaven refinances acquisition bridge facility

Australian coal miner Whitehaven Coal has agreed terms with a range of senior financiers to provide a five year credit facility of $1.1 billion, Kallanish notes.  As planned, this facility will refinance the $900 million acquisition bridge announced on 18 October at the time Whitehaven agreed to acquire 100% of the Daunia and Blackwater metallurgical coal mines from BHP Mitsubishi Alliance (BMA). “We are pleased with the strong level of support we have…
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