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Iluka secures $800M in new debt facilities

AUSTRALIA’S largest mineral sands miner Iluka Resources has refinanced its debt after striking a series of five-year bilateral revolving credit facilities with a number of domestic and foreign institutions totalling $A800 million.

MiningNews.Net
Iluka secures $800M in new debt facilities

The new arrangements replace a previous syndicated term loan facility of $445 million, of which $100 million matured in March and $345 million was due to mature some 12 months later, along with a $US50...

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