Alunorte Alumina do Norte do Brazil SA

Alunorte Alumina do Norte do Brazil SA - TL

Industry
Metals and Mining/Base metals
Area of finance
Commodity Trade Finance
Region
Latin America
Countries
Brazil

Deal Overview

Proceeds are used to finance a switch of the fuel supply of Alunorte' s alumina refinery from heavy fuel oil to natural gas (from LNG) This is a sustainable linked loan, whereby the margin is subject to an increase/decrease upon Alunorte meeting CO2 reduction target.

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Proceeds are used to finance a switch of the fuel supply of Alunorte' s alumina refinery from heavy fuel oil to natural gas (from LNG) This is a sustainable linked loan, whereby the margin is subject to an increase/decrease upon Alunorte meeting CO2 reduction target.

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Deal Volume
$ 200m
Financial Close
23 February 2022
Sources
Submitted by participant(s)

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Tranches


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