Mayer Brown advises on US$75 million Senior Debt Facility for Burkina Faso gold project
24 June 2015
London - Leading global law firm Mayer Brown has advised Societe Generale Corporate & Investment Banking and BNP Paribas as lenders in the US$75 million Senior Debt Facility, made available to Roxgold Inc for the Yaramoko Gold Project in Burkina Faso, West Africa.
Roxgold, the gold exploration and development company, will use the six-year Debt Facility to continue its construction activities at Roxgold’s Yaramoko Gold Project, with the goal to reach production in the second quarter of 2016.
Ian Coles, head of the Africa and Mining practice at Mayer Brown, commented: “We were delighted to have advised Societe Generale and BNP Paribas on this important development for the Yaramoko Gold Project.”
The Mayer Brown team was led by Ian Coles and included Banking & Finance partners Rachel Speight and Christopher Arnold (both London), counsel Alban Dorin (Paris), senior associate Doye Balogun (London) and associates Natalie Ashford, Kunel Tanna (both London) and Antoine Bouzanquet (Paris).
Roxgold was advised by Cutfield Freeman & Co Ltd as Financial Adviser, and Norton Rose Fulbright LLP as Project Finance Counsel.