News
22 March 2018

WICET debt solution agreed but not yet signed

In:
Metals and Mining, Transport
Region:
Asia-Pacific

Lenders to Queensland’s debt-laden Wiggins Island Coal Export Terminal (WICET) have agreed to extend about $3 billion due on an outstanding loan for an additional eight years. Glencore and its partners - owners of WICET - face a September 2018 deadline to refinance the loan or pay off the full...

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