December 5, 2018 |
The Peruvian division of the Chinese aluminum producer Chinalco has recieved a one-year loan for $210m from three lenders, LatinFinance has confirmed.
Banco de Crédito del Perú, First Abu Dhabi Bank and Natixis were the bookrunners on the deal, while Natixis was also the facility agent, according to a source close to the deal.
Minera Chinalco will put the money towards general corporate purposes.
Chinalco began the expansion of the $1.3bn Toromocho copper project in June, looking to boost copper
Chinese aluminum company gets a two-year, $210m loan for its local mining subsidiary