Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

A Feat of Financial Engineering

Jul 1, 2003

The Antamina copper and zinc mine in central Peru is one of world's greatest mining discoveries and financing its development required some impressive financial engineering. It took more than two dozen lenders, insurers and export credit agencies to put together a $1.32 billion loan package for the mine's owners - Anglo-Australian BHP Billiton, Canada's Noranda and Teck Cominco and Japan's Mitsubishi Corporation. The deal set a record for greenfield mining project loans worldwide at the time it closed in 1999.

The deal,...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events

Poll

How busy will LatAm global-local currency debt issuance be this year?

Vote    



  1. Commodities dip raises LatAm growth fears
  2. Borrowing window risks rough closing: Garcia Moreno
  3. Institutional wealth – pension funds: The next generation
  4. Man of the year: Seize the moment
  5. Debt investor scorecard: Beating the benchmark
Follow us


Popular Searches


At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


Change font size: Switch to default font size Switch to medium font size Switch to large font size

All material is subject to strictly enforced copyright terms & conditions and cannot be repurposed or reproduced. © 2013 Latin American Financial Publications Inc.

Printing isn't available for this page.