METS

Leighton locks in funds and refutes downgrade

MAJOR contract miner Leighton Holdings has announced a $US600 million ($A588 million) lease facility to support its growth plans in Indonesia, while its CFO has slammed a ratings agency’s “unfair” decision to downgrade the company’s credit rating.

MiningNews.Net
Leighton locks in funds and refutes downgrade

The new six-year facility streamlines the group’s existing Indonesian leasing arrangements and provides its two in-country operating subsidiaries the flexibility to fund expanding mining activities. ...

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