Kinsenda Copper Company SA #39267
Created at
2017-04-04
Last update
2021-04-07
3 Parents (Involvements as child)
ID
Name
Jinchuan Group International Resources Co Ltd
Country of registration/origin
China
Classification
Stock-exchange listed company
Relationship
Parent company
Investment type
Shares/Equity
Ownership share
77.00 %
Comment
Via South Africa based subsidiary Metorex
ID
Name
Sodimico (Société de développement industriel et minier du Congo)
Country of registration/origin
Congo, Dem. Rep.
Classification
State-/government (owned) company
Relationship
Parent company
Investment type
Shares/Equity
Ownership share
23.00 %
ID
Name
China Development Bank
Country of registration/origin
China
Classification
State-/government (owned) company
Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
225 000 000
Loan date
2014-05-29
Comment
On 29 May 2014, Kinsenda (as borrower), a 77% owned subsidiary of the Company, and JCG (as guarantor) entered into a facility agreement (“Facility Agreement 1”) with China Development Bank (“CDB”) (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
0 Children (Involvements as parent)
1 Deals (Involvements as Operating company)
ID
Target country
Congo, Dem. Rep.
Current intention of investment
Mining
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
5 012 ha