Two more banks join Lundin Gold loan

Two more banks join Lundin Gold loan

Loans Project & Infrastructure Finance Canada Ecuador

Bank of Montreal (BMO) and Natixis have joined an 8.5-year syndicated loan for Canada's Lundin Gold to develop the Fruta del Norte gold mine in Ecuador. The two banks will contribute an additional $50m and increase the size of the facility to $350m, Lundin Gold said in a press release. Cat Financial, ING, KfW, Scotiabank and Société Générale are the other lenders in the loan.  The loan remains subject to the completion of definitive documentation, a comprehensive intercreditor agreement, a gu

Already have an account?

Free trial

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

Free Trial