Macquarie Wealth Management is "neutral" on Tiger Resources after the company agreed terms with Taurus and International Finance Corporation (IFC) for a $US162.5 million secured debt facility.
"The new facility will refinance the existing $US100 million Taurus bridge facility and outstanding $US37.5 million Gerald Metals Prepayment facility.
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Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.