International law firm Allen & Overy is advising ABN AMRO Bank N.V. The Bank of Tokyo-Mitsubishi, Ltd., Barclays Capital, Citibank N.A., Crédit Agricole Indosuez, J.P. Morgan plc, Standard Chartered Bank and Sumitomo Mitsui Corporation Europe Limited as Mandated Lead Arrangers in relation to US$150,000,000 Revolving Credit Facilities for Kumba Resources Limited.
Kumba Resources, headquartered in South Africa, boasts a world-class portfolio of mineral resources and is the world’s fourth largest exporter of iron ore accounting for roughly 80% of South Africa’s iron ore exports and 4% of the world’s seaborne iron ore trade.
J.P. Morgan plc was sole Bookrunner, and acted as Documentation Bank, and Sumitomo Mitsui Corporation Europe Limited acted as Facility Agent.
London-based banking partner Clive Wells, assisted by associates Ishaan Ahuja and Gaenor Cassell advised the Mandated Lead Arrangers, with South African advice provided by Deneys Reitz (Kevin Cron).
Kumba Resources were advised by Linklaters.
For further information, please contact Caroline Davies
(caroline.davies@allenovery.com) in London on +44 (0)20 7330 2867.
