23
Jun
03:22
Bowen secures $131 million funding
Australia-listed miner Bowen Coking Coal Ltd (Bowen) has executed a series of funding arrangements totalling approximately A$190 million ($131 million) to support the company’s development of its portfolio of development-ready coking coal assets, Kallanish notes.
The new funding comprises a combination of new debt facilities and convertible loan notes.
According to the company, the firm executed a $55 million secured corporate debt facility agreement with …
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