Business Services Industry
Iberian Minerals Corp. Secures US $210 Million Debt Facility to Complete Aguas Tenidas Construction.
Canadian Corporate News, March, 2008
TORONTO, ONTARIO, Mar 25, 2008 (Marketwire via COMTEX) -- Iberian Minerals Corp. (TSX VENTURE:IZN) ("Iberian")
Iberian, in conjunction with it's wholly owned subsidiary Minas de Aguas Tenidas S.A.U. ("MATSA") is pleased to announce that Investec Bank (UK) Limited, BNP Paribas and Societe Generale are willing to arrange and underwrite project finance debt and hedging facilities comprised of;
- A term Loan facility of US $170 million
- A Cost Overrun facility of US $30 million
- A Convertible Loan facility of US $10 million
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