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WestLB out on Base's Kwale facility

14 June 2012

Read more: [base resources] [zircon] [rutile] [ilmenite] [hmc]

WestLB is no longer a member of the lending group for the $170 million project financing for Base Resources' Kwale mineral sands loan. The three other members of the bank group - Nedbank, Standard Bank and Caterpillar - have agreed to increase their commitments. The departure comes as WestLB faces the formal...


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