PROJECT FINANCE

Strong performer Nickel Mines looks to issue own debt for Angel

NICKEL Mines is having a crack at raising US$350 million in notes to increase its interest in the Angel nickel project, though if it doesn’t get the funding on terms deemed acceptable, it has said it will pull the issue.

 Nickel MInes' nickel pig iron production in Indonesia

Nickel MInes' nickel pig iron production in Indonesia

Acceptable terms weren't disclosed, with Nickel Mines having until the end of December to come up with the $350 million needed to increase its stake in Angel from 30% to 80%.  The ability to issue...

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