| Investor #39267 | Version 12037 | Version 21480 |
|---|---|---|
General info | ||
| Name | Kinsenda Project | Kinsenda Copper Company SA |
| Comment | Jinchuan Group International Resources is a majority-owned subsidiary of Jinchuan Group and flagship platform for overseas resources development. Via its subsidiary - Metorex (South African based), Jinchuan International owns 77% interest of Kinsenda Copper Company Sarl which owns the Kinsenda Mine. The remaining 23% interest in Kinsenda Copper Company Sarl is held by Sodimico. | |
Data sources | ||
Involvements | ||
Involvement #-ORvWiCH | ||
| Comment | Via South Africa based subsidiary Metorex | |
| Ownership share | 100 % | 77.00 % |
| Investment type | Shares/Equity | |
Involvement #w2srGpfZ | ||
| Role | Parent company | |
| Ownership share | 23.00 % | |
| Investment type | Shares/Equity | |
| Investor | ||
Involvement #gJraImvX | ||
| Role | Tertiary investor/lender | |
| Comment | On 29 May 2014, Kinsenda (as borrower), a 77% owned subsidiary of the Company, and JCG (as guarantor) entered into a facility agreement (âFacility Agreement 1â) with China Development Bank (âCDBâ) (as lender) in relation to a term loan facility in an amount of US$225,000,000. The final repayment date of the term loan facility will be the date falling 10 years from the date of the first drawdown of such facility, which had taken place on 30 May 2014 | |
| Loan date | 2014-05-29 | |
| Loan amount | 225âŻ000âŻ000 | |
| Investment type | Debt financing | |
| Investor | ||