10 Aug 2017
Clayton Utz advises senior lenders on debt financing agreement for Bauxite Hills Mine
Perth, 10 August 2017: Clayton Utz has advised Canadian based Sprott Private Resource Lending (Sprott) as senior lender on its debt financing agreement with Metro Mining Limited (MMI) which will fund the development of MMI's Bauxite Hills Mine in Queensland, Australia.
The transaction includes a A$40 million debt financing facility as well as warrants issued to Sprott by MMI.
Clayton Utz Banking partner Rohan Mishra led the team advising Sprott which included special counsel Kate Casellas, senior associate Stephen Neale, lawyer Gemma Robinson and graduate Nicholas Rawlinson.
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