Investor #39272 Version 12048 Version 19603
Opencorporates link
https://opencorporates.com/companies/mu/C41584
Comment
A renewed partnership approach for Tasiast Sud contemplates the Government receiving a 15% free carried interest in Tasiast Sud with an option to purchase an additional 10% participating interest in the project after additional feasibility work is completed. (https://www.kinross.com/news-and-investors/news-releases/press-release-details/2020/Kinross-reaches-terms-with-Government-of-Mauritania-to-enhance-partnership/default.aspx)

Involvement #leyAVexA

Ownership share
100 %
100.00 %
Investment type
Shares/Equity

Involvement #ZLyfJ1aA

Role
Tertiary investor/lender
Investment type
Debt financing
Investor

Involvement #paUKQoeO

Role
Tertiary investor/lender
Comment
We successfully completed a $300 million project financing agreement for Tasiast with the IFC (a member of the World Bank Group), Export Development Canada, and the participation of ING Bank and Société Générale. (https://s2.q4cdn.com/496390694/files/doc_financials/2019/ar/Kinross-Gold-2019-Annual-Report.pdf)
Loan amount
300 000 000
Investment type
Debt financing
Investor