Private credit dominates Whitehaven's $1.1bn loan

In:

Metals and Mining

Region:

Asia-Pacific

Australia's Whitehaven Coal drew 17 private credit providers and one bank for a $1.1 billion loan to buy two mines. The deal is the latest example of direct lenders benefiting from banks’ tighter scrutiny of less environmentally friendly projects.Hong Kong-based hedge fund Asia Research...

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