Hanlong secures remaining $438M for takeover

AFTER bedding down crucial finance commitments for its takeover of Sundance Resources last month, Hanlong Africa Mining has secured a further $US438 million ($A423.1 million), which replaces the previous financing option.

Hanlong secures remaining $438M for takeover Hanlong secures remaining $438M for takeover Hanlong secures remaining $438M for takeover Hanlong secures remaining $438M for takeover Hanlong secures remaining $438M for takeover

Hanlong received a financier commitment letter from the China Everbright Bank for $438 million to fund the balance of the $A1.4 billion takeover.

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