Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| Deal Date: | 04-07-2013 | Practice Area: | Project Finance and Infrastructure |
| Deal Title: | CDB - MMG Dugald River Project, Queensland, Australia | Industry: | Mining |
| Description: |
Leading international law firm Clifford Chance has advised China Development Bank Corporation (CDB) on a 13-year debt facility agreement of up to USD1 billion to finance MMG's Dugald River project, which involves the development and construction of a zinc, lead and silver mine located in north west Queensland, Australia. The Firm advised on the English, Hong Kong and Singapore law aspects of the financing transaction.
The Dugald River facility will be available for draw down until 27 June 2016 with final repayment to occur on 26 June 2026. The banking syndicate included CDB and Bank of China, Sydney Branch.
The Beijing team was led by Maggie Lo who was supported by counsel Paul Wee, and associates Mechelle Zhang and Victor Sim. The Singapore team was led by partner Ting Ting Tan and associate Zhi Chao Chor.
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| Financial Center: | Beijing | Value: | 500.01-1000.00 |
| Advised Party: | Debt Provider | Law Firm | Clifford Chance |
| Project Location | Australia | Equity Sponsor | Australia |
| Classification: |
Project Finance Mining and Metals |
Lawyer | Tim Wang |
