Home | March 2012News | AGS Capital Group provides $17.5 Million Financing for Earth Heat Resources Limited |
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AGS Capital Group provides $17.5 Million Financing for Earth Heat Resources Limited
- AGS Capital Group provides $17.5 Million Financing for Earth Heat Resources Limited
- March 23, 2012
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Earth Heat Resources Limited mandates regional bank CIFI as lead bank and mandated lead arranger for a drilling loan of $22.5 million and signs agreement on $17.5 million in capital contingency finance with AGS Capital Group.
In a release to the Australian Stock Exchange, "Earth Heat Resources Limited announces that it has successfully mandated Corporacion Interamericana para el Financiamento de Infraestructura ("CIFI") as Lead Bank and Mandated Lead Arranger for a Drilling Loan of US $22.5 million subject to due diligence. Further, the Company has signed an agreement for $17.5m in Capital Contingency Finance with AGS Capital Group LLC ('AGS')."
Highlights of the deal:
CIFI to provide US$22.5 million debt f...
- View more at: http://www.1888pressrelease.com/ags-capital-group-provides-17-5-million-financing-for-earth-pr-384036.html
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