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Altech Chemicals: Advances financing activities for Malaysia HPA project

Altech Chemicals Advances financing activities for Malaysia HPA project

  • Altech Chemicals (ATC) advances project financing activities for its Malaysia high-purity alumina (HPA) project
  • The company confirmed Germany-based KfW IPEX-Bank’s commitment to a senior loan facility of US$190 million (A$273 million)
  • In addition, ATC progresses discussions to finalise a US$144 million green bond offering with Bedford Row Capital and Bluemount Capital
  • The company says it has faced recent headwinds in securing project financing due to current “challenging” conditions in equity and financial markets
  • Altech shares close 1.54 per cent lower at 6.4 cents per share
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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