SEMAFO Boungou S.A. #41668

Created at
2019-11-18
Last update
2019-11-19

3 Parents (Involvements as child)

Name
Government of Burkina Faso
Country of registration/origin
Burkina Faso
Classification
State-/government (owned) company

Relationship
Parent company
Investment type
Shares/Equity
Ownership share
10.00 %
Comment
90% is held by SEMAFO and 10% owned by the Republic of Burkina Faso
Name
SEMAFO
Country of registration/origin
Canada
Classification
Stock-exchange listed company

Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
90.00 %
Comment
90% is held by SEMAFO and 10% owned bu the Republic of Burkina Faso
Name
Macquarie Bank
Country of registration/origin
Australia
Classification
Investment Bank

Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
120 000 000
Loan date
2016
Comment
SEMAFO received a $120m credit facility from the Macquarie Bank that will be used for the construction of the project. The facility will be repaid in two years in quarterly instalments of $15m, from Q1 2019 to Q4 2020.

0 Children (Involvements as parent)

1 Deals (Involvements as Operating company)

Target country
Burkina Faso
Current intention of investment
Mining
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
2 960 ha