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Nifty future looking unclear after Cyprium knocks back offered debt

Revised terms deemed commercially unviable

Michael Quinn
Cyprium is now searching for alternative debt options for the development of brownfields Nifty operation

Cyprium is now searching for alternative debt options for the development of brownfields Nifty operation

The bond plus a US$35 million offtake pre-payment were to have comprised the targeted A$240-260 million debt funding package for Nifty, with a A$35 million placement unveiled earlier this month contingent...

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