AUZ australian mines limited

Ann: Sconi Project in Due Diligence Phase for NAIF funding, page-6

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    http://www.naif.gov.au/about-naif-finance/concessionality/


    Examples of the types of concessionality the NAIF may offer include:

    • longer loan tenor than offered by Commercial Financiers, not exceeding the longest term of Commonwealth borrowings
    • lower interest rates than offered by Commercial Financiers, which must not be lower than the rate at which the Commonwealth borrows at
    • extended periods of capitalisation of interest beyond construction completion
    • deferral of loan repayments or other types of tailored loan repayment schedules
    • lower or different fee structures than those offered by Commercial Financiers
    • ranking lower than Commercial Financiers for cash flow purposes
 
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