Altech signs finance mandate with German bank for HPA project
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...