May 16, 2013

European Bank for Reconstruction and Development lends US$20m for Mongolian cement plant build - Cement industry news from Global Cement

European Bank for Reconstruction and Development lends US$20m for Mongolian cement plant build - Cement industry news from Global Cement: "Mongolia: The European Bank for Reconstruction and Development (EBRD) has signed an agreement to provide a US$20m equity investment to Senj Sant, which will build and operate a 1Mt/yr green-field cement plant in Mongolia. This equity investment is part of a financing package that also includes a loan of up to US$130m. Half of the loan will be syndicated to other lenders."

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