Highlights: - All the requirements for the Boseto copper project debt finance have been completed and first draw down of debt funding is anticipated shortly. - The debt syndicate comprises Standard Chartered Bank, Standard Bank, Credit Suisse and Caterpillar Finance as Joint Lead Arrangers. - The interest rate for the loan is a margin of 3.75% over LIBOR. - The Boseto copper project remains on track for commissioning and first production in the first half of 2012.
DML Price at posting:
$1.47 Sentiment: Hold Disclosure: Held
