Practice Areas - Project Finance and Infrastructure Law Firms and Lawyers
| 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).
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| 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 |
