The ground-mounted facilitiesconsist of a C$240m construction credit facility with an 18-year term loan.
The financing process wasmanaged by The Bank of Tokyo Mitsubishi UFJ, Mizuho Corporate Bank, , SumitomoMitsui Banking Corporation, Nordeutsche Landesbank and Siemens Financial as leadarrangers, and included Raymond James Ltd., CIT Financial Ltd, and LaurentianBank of Canada.
The five projects –Abitibi, Burk’s Falls West, Empire, Long Lake and Martin’s Meadows – have acombined C$300m budgeted cost.
