Konkola Copper Mines $820 million loan facility restructuring

Overview:

• Konkola Copper Mines restructured a 2014 $820 million loan facility from a syndicate of lenders that included Standard Chartered Bank and the Standard Bank of South Africa.
• Vedanta Resources owns a majority stake in Konkola Copper Mines, and secured the financing. 
• Konkola Copper Mines operates the Nchanga Mine, the Konkola Mine and the Nampundwe Mine. 

Rani Mehta  - Journalist