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Gippsland makes financing appointment

BUDDING tantalum miner Gippsland has mandated the International Finance Corporation (IFC) to act as lead-arranger for the debt component of its $US90 million Abu Dabbab project in Egypt.

Ben Sharples

Gippsland said the $US55 million ($A121.9 million) debt financing component would be raised via a combination of an IFC A-Loan, an IFC B-Loan and parallel financing from other development finance institutions...

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