Paringa secures US$20M debt facility

MACQUARIE BANK has jumped aboard the Paringa Resources train, providing it with a committed letter of offer to provide a fully underwritten five-year US$20 million Project Loan Facility to develop Paringa’s Poplar Grove coal mine in Kentucky, US.

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Paringa secures US$20M debt facility Paringa secures US$20M debt facility Paringa secures US$20M debt facility Paringa secures US$20M debt facility Paringa secures US$20M debt facility

Macquarie will also provide a $1.

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