Katanga Reports Redemption of Notes is Now Unconditional
Investing News Network - December 19th, 2011
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.