Kenmare Resources entered into a new $200 million revolving credit facility to support future planned capital programs. The facility has a five-year term and replaces existing corporate debt facilities from 2019, including $47 million of outstanding term loans.
Kenmare is one of the leading global producers of titanium minerals and zircon, and operates the Moma Titanium Mineral Mine in northern Mozambique.
The London-based S&C team that advised Kenmare included Craig Jones, Silvia Brünjes and Sabrena Ong, as well as trainee solicitors Marcus Köttering and Anna McLaughlin.