Altech signs finance mandate with German bank for HPA project

By Liz Gyekye
Published: Wednesday, 02 December 2015

The Australian company is stepping up its project funding efforts by executing a senior debt financing mandate with German state-owned KfW IPEX-Bank in order to push forward with its Malaysian high purity alumina development, which is due to come online by 2017.

ASX-listed Altech Chemicals Ltd has completed a mandate with Germany-based KfW IPEX-Bank GmbH to provide advisory and structuring services in relation to the provision of senior debt financing for the company’s proposed high purity alumina (HPA) project in Johor, Malaysia.

The deal will maximise the use of export credit...

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