|
| Home : Feronia Announces Closing of Fourth and Final Drawdown on $49M Term Facility |
|
Nov 04
2017 |
Feronia Announces Closing of Fourth and Final Drawdown on $49M Term Facility |
|
TORONTO, ONTARIO--(Marketwired - Nov. 3, 2017) - Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) is pleased to announce that all conditions precedent have been satisfied to facilitate a fourth, and final, drawdown of $14 million (the "Fourth Drawdown") from the previously announced $49 million secured term facility (the "Facility") provided in December 2015 by a syndicate of European lenders consisting of four Development Finance Institutions ("DFIs"). Including this Fourth Drawdown, the full $49 million of the Facility will have been drawn. All amounts in this press release are expressed in US dollars unless otherwise indicated. |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=2239470&sourceType=3 |
| |
|
Related News
|
» BTLTM Announces Increase in Marketed Financing to C$10.7 Million
» Valencia Announces Private Placement
|
|
|
