Sullivan & Cromwell LLP advised Kenmare Resources on the transaction.
Kenmare Resources announced the signing of new secured debt facilities comprising a $110 million term loan facility and a $40 million revolving credit facility with a group of South African commercial bank lenders together with Emerging Africa Infrastructure Fund Limited. One of the leading global producers of titanium minerals and zircon, Kenmare operates the Moma titanium minerals mine in northern Mozambique.
The S&C team was led by Jamie Logie (Picture), along with Silvia Brünjes, Sean Ruscitto, Angus Hayhow and Andrew Thomson.
Involved fees earner: Silvia Brünjes – Sullivan & Cromwell; Angus Hayhow – Sullivan & Cromwell; Jamieson Logie – Sullivan & Cromwell; Sean Ruscitto – Sullivan & Cromwell; Andrew Thomson – Sullivan & Cromwell;
Law Firms: Sullivan & Cromwell;
Clients: Kenmare Resources PLC;