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Cobalt 27 Capital in US$100 million Senior Secured Revolving Term Facility

Fasken
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Overview

Client

Syndicate of lenders agented by National Bank of Canada

Cobalt 27 Capital Corp., Cobalt 27 Capital (Europe) Ltd., Cobalt 27, Capital (US) Ltd. and Electric Metals Streaming Corp. completed a USD $100 Million Senior Secured Revolving Term Facility for the purposes of financing the Ramu cobalt-nickel stream on the producing Ramu nickel-cobalt mine in Papua New Guinea, the first cobalt-nickel streaming transaction ever completed. 

Fasken advised the syndicate of lenders agented by National Bank of Canada with a team comprised of Thomas Meagher(Lead), Dan Conrad(Banking and Finance), Jason McMurtrie (Banking and Finance) and Stacey Hogan (Banking and Finance).

 

Jurisdiction

  • Ontario

Team

  • Thomas Meagher, Partner, Toronto, ON, +1 416 865 5473, tmeagher@fasken.com
  • Daniel Conrad, Partner, Toronto, ON, +1 416 868 3351, dconrad@fasken.com
  • Jason McMurtrie, Paralegal/Law Clerk, Toronto, ON, +1 416 943 8814, jmcmurtrie@fasken.com