Legal DealFolio - Glencore - Hera and Nymagee Projects

Ashurst has acted for YTC Resources Limited (YTC) in a $158 million financing and off-take with Glencore International AG (Glencore) to develop the Hera and Nymagee Projects. YTC has agreed with Glencore for the provision of up to $155 million in debt and converting note facilities in addition to the placement of $2.95 million in YTC shares to Glencore. The Ashurst team included partner Murray Wheater, senior associate Anton Harris (Corporate) and partner Simon Irvine (Banking).

Deal Date:	23-11-2012	Practice Area:	Project Finance and Infrastructure
Deal Title:	Glencore - Hera and Nymagee Projects	Industry:	Mining
Description:	Ashurst has acted for YTC Resources Limited (YTC) in a $158 million financing and off-take with Glencore International AG (Glencore) to develop the Hera and Nymagee Projects. YTC has agreed with Glencore for the provision of up to $155 million in debt and converting note facilities in addition to the placement of $2.95 million in YTC shares to Glencore. The Ashurst team included partner Murray Wheater, senior associate Anton Harris (Corporate) and partner Simon Irvine (Banking).
Financial Center:	Sydney	Value:	100.01-500.00
Advised Party:	Offtaker	Law Firm	Ashurst
Project Location	Australia	Equity Sponsor	Australia
Classification:	Project Finance Mining and Metals	Lawyer	Murray Wheater

Practice Areas -

Project Finance and Infrastructure Law Firms and Lawyers

Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers