Emmerson eyes $230m project financing

Potash 230x150
By Mike Turner
10 Jun 2019

The UK’s Emmerson is in talks of a project finance loan of up to $230m, with the deal for the potash extraction company expected to be syndicated among a handful of commercial banks and export credit agencies.

Emmerson has received a formal indication that the financing will be approved from a “major European commercial bank”, the company said on Monday. 

The proposed financing will be syndicated to three or four banks, as well as export credit agencies. It will have a 10 year maturity, including a ...

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