US$130 Million Offtake-backed Facility Secured
Tharisa has announced it has concluded a US$130m commodity offtake-based financing with Societe Generale and Absa Bank Limited. The Facility has a 42-month term and comprises of a term loan of US$10m and a revolving US$50 million facility secured by commodity offtake agreements.
27 Mar 2023
Facility Secured
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Facility Secured
Tharisa Plc (THS:LON), 67.0 | Tharisa Plc (THA:JSE), 0
- Published:
27 Mar 2023 -
Author:
David Butler -
Pages:
4
US$130 Million Offtake-backed Facility Secured
Tharisa has announced it has concluded a US$130m commodity offtake-based financing with Societe Generale and Absa Bank Limited. The Facility has a 42-month term and comprises of a term loan of US$10m and a revolving US$50 million facility secured by commodity offtake agreements.