Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Sandfire Seeks A$380 Million Loan for DeGrussa Mine

Sandfire Resources NL hired Australia & New Zealand Banking Group Ltd. to arrange a A$380 million ($394 million) 4 1/4-year syndicated loan, according to an invitation letter seen by Bloomberg News.

ANZ is underwriting the loan, the document said.

Sandfire will use the the amortizing loan to pay for construction of its DeGrussa copper mine, said a person familiar with the matter, declining to be identified because the details are private.

An amortizing facility is where the principal of the loan is paid in installments over the life of the instrument instead of in full at maturity.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.