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    cobalt investing

    Katanga Reports Redemption of Notes is Now Unconditional

    Investing News Network
    Dec. 19, 2011 08:04PM PST
    Battery Metals

    Katanga Mining Limited (TSX:KAT) announced that its loan facilities are now executed and conditions for its redemption of notes are removed.

    Katanga Mining Limited (TSX:KAT) announced that its loan facilities are now executed and conditions for its redemption of notes are removed.

    As quoted in the press release:

    The second of the Facilities is for up to US$515.5 million pursuant to a senior secured credit facility agreement between, among others, a Katanga subsidiary, as borrower, Katanga and other Katanga subsidiaries as guarantors, and the Glencore Group, as lender.

    Click here for the Katanga Mining Limited (TSX:KAT) press release.

    cobalt investingtsx:katkatanga mining
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