Funding - Questions at Resource Rising Stars

  1. 301 Posts.
    1) Assuming that Kibaran obtains USD$40 million from KfW IPEX bank, what is the probability that USD$30 million will be applied for from Nedbank?

    2) Are there any covenants applicable to the KfW IPEX bank loan that specify a required debt to equity ratio for Kibaran?

    3) What are the covenants related to raising further debt?

    If anyone could ask these questions and report the answers back I would greatly appreciate it. Thanks.
 
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