Brief: Arafura Rare Earths Says EDC Provides Conditional Approval For $300 Mln Senior Debt Facility
26/05/2024 23:32
May 27 (Reuters) - Arafura Rare Earths Ltd ARU.AX :
* EXPORT DEVELOPMENT CANADA PROVIDES CONDITIONAL APPROVAL
FOR
US$300 MILLION SENIOR DEBT FACILITY
* ACHIEVED CONDITIONAL APPROVALS FOR 68% OF TARGETED US$775
MILLION SENIOR DEBT FUNDING FOR NOLANS PROJECT
* FUNDING PACKAGE BRINGS ARAFURA CLOSER TO A FID ON NOLANS
PROJECT
Source text for Eikon: ID:nASX5RfL3M
Further company coverage: ARU.AX
((Reuters.Briefs@thomsonreuters.com;))
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