Teck gets closer to Quebrada Blanca financing

Teck gets closer to Quebrada Blanca financing

Loans Project & Infrastructure Finance Debt Chile Andean

Canada's Teck Resources is closing in on a 12-year, $2.5bn loan for the Quebrada Blanca copper mine expansion project in Chile, LatinFinance has heard. A group of commercial lenders and export credit agencies have signed the loan documents but one of the project sponsors still has to sign off on the deal, said a source involved in the negotiations. The deal is expected to close before the end of the week, the source added.Bank of Montreal, BNP Paribas, the Japan Bank for International Cooperatio

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