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March 16, 2010
Nedbank Capital ranked fourth among top mining project finance lead arrangers
JOHANNESBURG (miningweekly.com) - Nedbank Capital has achieved a ranking of fourth out of all the major mining project finance lead arrangers for the year, a recent report by Ernst & Young showed.
The report, entitled '2009: the year of survival and revival - mergers, acquisitions and capital raising in the mining and metals sector' highlighted that the mining project finance sector was severely impacted by the global economic downturn, as the total 2009 deal value dropped to $5,4-billion, compared with the almost $8-billion closed globally in 2008.
Posted by StaffWriter at March 16, 2010 9:43 AM