fundamentals don't lie and always win, page-12

14 November 2012

US$250 MILLION KARARA PROJECT DEBT FACILITY CLEARED FOR DRAWDOWN

Gindalbie’s Managing Director, Mr Tim Netscher, said the completion and draw-down of the Tranche 3 facility marked the final stage of the debt funding process for the Stage 1 Karara Project.
“I would like to take this opportunity to once again acknowledge our Chinese banking syndicated, led by China Development Bank,for their unwavering support,
which has been instrumental in enabling us to get to this point and in underwriting the success of the Karara Project,” he said.