Deals and financing (2)

1. 2024-03-22 · Government loan · signed · US$700 m

   China Development Bank; Export-Import Bank of China; China Construction Bank (Asia); Bank of Communications → Minera Las Bambas S.A. (MMG Limited) · Las Bambas copper mine

   A syndicate of China Development Bank, China Exim, CCB (Asia) and Bank of Communications agreed a three-year USD 700 million revolving credit facility for MMG's Las Bambas copper mine in Peru.

   official release

2. 2024-03-15 · Government loan · signed · US$1,050 m

   China Development Bank → MMG Africa Resources Company Limited (MMG Limited) · MMG African assets (Khoemacau acquisition funding)

   China Development Bank provided MMG Africa Resources with a seven-year USD 1.05 billion term loan facility, subject to China Minmetals retaining control of MMG.

   official release