Lucara Botswana Proprietary Limited

Karowe Diamond Mine Underground Expansion - TL

Industry
Metals and Mining/Precious stones
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Botswana

Deal Overview

Lucara Diamond Corp. has closed a project financing for the Karowe diamond mine in Botswana. Structured via project company Lucara Botswana Proprietary Limited, the transaction has an eight-year tenor (amended to 10 years in 2024) and comprises a project finance facility for the development of the...

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Deal Volume
$220m
Financial Close
01/09/2021
Dealmakers
Sources

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Tranches

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Project Deals

Karowe Diamond Mine Underground Expansion
$683m
Greenfield
Precious stones
Africa
Africa
Botswana