TGS tiger resources limited

Brilliant. The addition of the IFC into the facility gives Tiger...

  1. 545 Posts.
    lightbulb Created with Sketch. 220
    Brilliant.

    The addition of the IFC into the facility gives Tiger a lot of 'political risk' protection in the DRC. Once the IFC secures credit approval, the 30 day public exhibition period is typically a formality - so this deal will get done. Instos are going to like this addition as it de-risks their investment significantly.

    Interest only period of 12 months allows the company plenty to time to build a cash buffer.

    Debt term is extensive and means that the balance sheet is secure from re-fi risk.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.