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BRIEF-Altech Chemicals updates on debt funding for alumina project

Published 22/03/2016, 12:10 pm
© Reuters.  BRIEF-Altech Chemicals updates on debt funding for alumina project
ATC
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March 22 (Reuters) - Altech Chemicals Ltd ATC.AX :

* Altech estimates about $us60m of debt funding for its proposed high purity alumina (hpa) project

* Intends to make formal application under export credit insurance guarantee scheme of federal republic of Germany for US$40 million of project debt

* To provide structuring and financing services,company has mandated German government-owned bank kfw ipex-bank gmbh

* Source text for Eikon

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