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Saturday, 04 February 2012

Bisha debt in Q1

Nevsun Resources is aiming to have all of its US$197m Bisha mine debt package in place by the end of March. The company and financial adviser Endeavour Financial are finalising legal and due diligence arrangements with European and South African development agencies and commercial banks for a mix of senior and subordinated debt. Nevsun has already mandated IDC to provide US$89m.

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