BANK COMMITMENT SEALS FINANCING PACKAGE FOR MCINNIS CEMENT MILL
- Published: Wednesday, 24 September 2014 10:25
- Written by Concrete News
The National Bank of Canada has confirmed availability of a $360 million loan for an export-driven, 2 million-plus ton per year cement plant and marine terminal in Quebec’s eastern reaches. The late-July announcement caps financing for the McInnis Cement Port-Daniel-Gascons operation, led by a $500 million commitment from private and public investors, and $250 million commercial loan from province agency Investissement Québec.