5E Advanced Materials Receives Letter Of Interest For Up To $285M In Debt Financing From U.S. EXIM
5E Advanced Materials Receives Letter Of Interest For Up To $285M In Debt Financing From U.S. EXIM
HESPERIA, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (NASDAQ:FEAM) (ASX: 5EA) ("5E" or the "Company"), a boron and lithium company in southern California, announced that it received a non-binding Letter of Interest ("LOI") from the Export-Import Bank of the United States ("EXIM"). The LOI outlines the potential for the creation of a debt facility to backstop project debt financing of up to $285 million, which would be utilized for commercial scale development and construction of 5E's Boron Americas Complex. The potential debt funding package would carry a repayment tenor of up to 15 years under EXIM's Make More in America Initiative. 5E's Boron Americas Complex is designated as Critical Infrastructure by the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency.5E's project qualifies under the Export-Import Bank of the United States' Make More in America Initiative
5E的項目符合美國進出口銀行《更多製造更多美國》倡議。
Letter of Interest will consider potential future funding of $285 million of 5E's project costs
感興趣函將考慮對5E項目成本28500萬美元的潛在未來資助。
Initial program qualification is based on U.S. exports of boric acid and the number of U.S. jobs created
初始計劃資格是基於硼酸的美國出口以及創造的美國工作崗位數量。
HESPERIA, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (NASDAQ:FEAM) (ASX: 5EA) ("5E" or the "Company"), a boron and lithium company in southern California, announced that it received a non-binding Letter of Interest ("LOI") from the Export-Import Bank of the United States ("EXIM"). The LOI outlines the potential for the creation of a debt facility to backstop project debt financing of up to $285 million, which would be utilized for commercial scale development and construction of 5E's Boron Americas Complex. The potential debt funding package would carry a repayment tenor of up to 15 years under EXIM's Make More in America Initiative. 5E's Boron Americas Complex is designated as Critical Infrastructure by the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency.
2024年9月30日加州，赫斯珀里亞（HESPERIA）— 5E高級材料公司（納斯達克：FEAM）（ASX：5EA）（「5E」或「公司」），一家位於加州南部的硼和鋰公司宣佈，已獲得美國進出口銀行（「EXIM」）發出的一份非約束性意向函（「LOI」）。 該意向函概述了爲5E的硼美洲綜合體項目債務融資提供擔保的潛力，最高可達28500萬美元，將用於5E硼美洲綜合體的商業規模開發和施工。潛在的債務融資包將根據EXIM的「更多製造更多美國」倡議，最長可達15年的還款期。5E的硼美洲綜合體被美國國土安全部網絡安全和基礎設施安全局指定爲關鍵基礎設施。
譯文內容由第三人軟體翻譯。