TransactionsKatanga Announces Completion of US$265.3 Million Convertible LoanPublished: 01/12/2009 By Bruce C. Bell, Chris Hersh, Jay F. King, Jeffrey P. Roy, Paul M. Stein On January 12, 2009, Katanga Mining Limited and Glencore Finance (Bermuda) Limited completed a mandatorily convertible loan facility of approximately US$265.3 million underwritten by Glencore. This follows the approval by Katanga's shareholders of the increase in the authorized share capital of the Katanga. Cassels Brock acted as Canadian counsel to Katanga. |