Anglo Asian Mining announces amount of debt to loca banks

Anglo Asian Mining announces amount of debt to loca banks
  • Clock-gray 10:44
  • calendar-gray 13 October 2016

Baku. Musa Ahmadov - APA-Economics. Anglo Asian Mining plc ("Anglo Asian" or "the Company"), the AIM listed gold, copper and silver producer focused in Azerbaijan, has announced the amount of debts to local banks.

 

According to the Company, net debt, being interest-bearing loans and borrowings less cash and cash equivalents, totalled $37.7 million at 30 September 2016, a reduction of $11.3 million since 31 December 2015.  

 

Amsterdam Trade Bank - Agitation plant loan $19.7 million

International Bank of Azerbaijan – loan $8.2 million

Atlas Copco equipment finance loan 1.0

YapiKredit $0.9 million

Pasha Bank $4.2 milion

Reza Vaziri - director's loan $3.9 million

 

 

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