The NAIF Facility – A$150m•Up to 15 year tenor with no principal repayments until the earlier of March 2028 or 3 months after the Bond or any Bond refinancing is repaid. Thereafter, quarterly principal repayments continue for a period of 7 years and 9 months. Additional sweep of a portion of available excess cash flow will also apply under certain circumstances.
•First NAIF Loan Tranche: Up to A$130 million towards the construction of Coburn’s core mine process and non-process infrastructure
•Second NAIF Loan Tranche: Up to A$20 million for an airstrip and potential future northern access road linking the project more directly to the Denham community in Shark Bay (subject to feasibility assessment, permitting and approvals)
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Ann: Coburn Project Commissioning of WCP Advancing Rapidly, page-76
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