CAPITAL MARKETS

Highlands to raise US$25 million debt facility

PAPUA New Guinea-focused Highlands Pacific said today it has appointed ABN AMRO Australia to raise a US$25 million debt facility to fund development of its Kainantu gold project.

Greg Tubby

Highlands to raise US$25 million debt facility

Under the arrangement, ABN AMRO will also provide a US$3 million bridging facility to fund the work required to complete the bankable feasibility study. "ABN AMRO and Highlands Pacific will now closely...

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