Meta Pixel

News and Announcements

Altech Signs Project Finance Mandate with KfW Ipex-Bank

  • Published December 03, 2015 12:34PM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

2nd December 2015, ASX Announcement

Hightlights:

  • Exclusive project finance mandate executed with German KfW IPEX-Bank
  • Mandate for senior debt, including German Export Credit Agency (ECA) insured debt
  • Approximately US$40 million of project debt estimated to qualify for ECA cover

Altech Chemicals Limited (Altech/the Company) (ASX:ATC) is pleased to advise that it has executed an exclusive mandate with German KfW IPEX-Bank GmbH, a wholly-owned subsidiary of the promotional bank KfW, to provide advisory and structuring services in relation to the provision of senior debt project financing for the Company’s proposed high purity alumina (HPA) project. Execution of the mandate comes after an initial evaluation of the project by KfW IPEX-Bank following its recent submission to the Company of a Letter of Interest (LOI) for project financing.

To read the full announcement, please click here. 

Capital Insights
Where’s the beef? Blackstone just answered the AI question.

In 1984, a fast food ad asked a question that became a catchphrase. Where’s the beef? Jon Gray, President of Blackstone, used that line this month in front of global LPs. It is the question every capital allocator is asking about AI. Trillions of dollars are going into chips, data centres and power. That is […]

Company Updates
The Best of Both Worlds: How Omnique Fund is Rewiring Real World Assets via Tokenisation

For decades, the playbook for Australia’s wholesale investors has remained relatively unchanged: pick between the slow-moving, illiquid reliability of tangible assets like property and gold, or chase the frictionless, high-velocity liquidity of public equity and digital markets. But as macroeconomic volatility spikes and a structural housing deficit reshapes private debt demand, sophisticated investors are demanding […]

Join over 45,000+ sophisticated investors

Join Now