SHEFFIELD MANDATES TAURUS FOR US$200M DEBT FACILITY

Written on the 23 October 2017

SHEFFIELD MANDATES TAURUS FOR US$200M DEBT FACILITY

Sheffield Resources Limited ("Sheffield", "the Company") (ASX: SFX) is pleased to announce the appointment of Taurus Mining Finance Fund and Taurus Mining Finance Annex Fund ("Taurus") as the mandated lead arrangers and underwriters for a US$200 million debt finance facility package ("Facility") to support its development of the Thunderbird Mineral Sands Project ("Thunderbird"), in Western Australia.

Taurus has agreed to arrange and underwrite a US$200M Project Development Facility comprising a US$175M term loan facility and a US$25M contingent instrument facility. Furthermore, a US$10M unsecured Equity Bridge Facility is available at the option of the Company to advance project development activities.

Read More...


Upcoming Events

Latest news

North Regional TAFE cookery students join renowned chefs in kitchen

  Last week North Regional TAFE's Commercial Cookery students were be given the opportunity to work shoulder to shoulder with world class chefs to put on one of WA's most exclusive pop-up dining experiences, presented by Fervor. Students studying locally in Broome and students travelling all the way from One Arm Point, ca...

Read More

Articles via RSS rss

Sign Up for the latest news & events

Does your business attract, recruit and retain staff by offering employment or work experience to young Aboriginal employees?
CLICK HERE to become a Working Together Employer of Choice.

 

Members

We are located at:

6 Napier Tce
(behind the Westpac bank)
Broome
WA 6725

Chamber office hours

Monday: 10am - 3pm
Tuesday: 10am - 2pm
Wednesday: 10am - 3pm
Thursday: 10am - 2pm
Friday: 10am - 2pm

Please ring for an appointment

Phone

(08) 9193 5553

After Hours

0410 967 509