{"id":1201147,"date":"2020-08-12T02:56:00","date_gmt":"2020-08-12T07:56:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=a77b473aaed2f0020f467230a7498d05"},"modified":"2020-08-12T05:59:02","modified_gmt":"2020-08-12T10:59:02","slug":"horizonte-tasks-five-banks-to-arrange-325m-for-araguaia","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1201147","title":{"rendered":"Horizonte tasks five banks to arrange $325m for Araguaia"},"content":{"rendered":"<p>Aim- and TSX-listed Horizonte Minerals has executed a mandate to arrange a senior project finance facility of up to $325-million to fund the construction and development of its Araguaia ferronickel project, in Brazil.<\/p>\n<p>A syndicate of five international financial institutions, including BNP Paribas, ING Capital, Mizuho Bank, Natixis New York Branch and Soci\u00e9t\u00e9 G\u00e9n\u00e9rale will act as the mandated lead arrangers.<\/p>\n<p>The debt facility would cover a significant portion of the pre-production capital required to complete the Stage 1 construction for Araguaia, CEO Jeremy Martin said on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aim- and TSX-listed Horizonte Minerals has executed a mandate to arrange a senior project finance facility of up to $325-million to fund the construction and development of its Araguaia ferronickel project, in Brazil.<\/p>\n<p>A syndicate of five international&#8230;<\/p>\n","protected":false},"author":27,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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