News
06 May 2021

Lucara Diamond seals credit approved $220m package for Karowe Mine expansion

In:
Metals and Mining
Region:
Middle East & Africa

Lucara Diamond has received credit approved commitments from a syndicate of five mandated lead arrangers for a senior secured project financing debt package of up to $220 million to fund the underground expansion at its 100%-owned Karowe Mine, in Botswana.The MLAs are ING Bank; Natixis; Societe...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
14 July 2026

Uncertainty is the unwelcome gift, but pipeline grows for...

Speaking at TXF Global, Jebsen & Jessen CEO Ralf Schwarzhaupt highlighted a booming project pipeline despite Middle East headwinds, calling for fewer regulations, faster...

Perspective
15 July 2026

KBU: A lesson in long ECA tenors in Africa

Long tenors remain the scarce commodity in Sub-Saharan social infrastructure. But Mitrelli has reached financial close on a 19-year Atradius-backed loan for the Katyavala...