Venetia Diamond Mine

Venetia Diamond Mine Underground Project - Financing

Borrower(s)
Venetia Diamond Mine
Industry
Metals and Mining/Precious stones
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
South Africa

Deal Overview

Standard Bank has provided ZAR4 billion (about $231.2 million) of a total ZAR10 billion syndicated debt funding package required by diamond miner De Beers for the largest single investment in South Africa’s diamond industry and one of the largest mining investment projects currently under way...

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Deal Volume
$231.2m
Financial Close
01/09/2022
Dealmakers

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Tranches

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Project Deals

Venetia Diamond Mine Underground Project
$231.2m
Brownfield
Precious stones
Africa
Africa
South Africa