Financial Advisor Announcement
Perdaman Chemicals and Fertilisers (Perdaman) has appointed Société Générale Corporate and Investment Banking as its financial advisor for the Collie Urea Project in Western Australia.
As financial advisor, Société Générale’s role involves assisting Perdaman to identify, coordinate and arrange debt funding sources for the Project’s development, as well as access to relevant markets.
Perdaman and Société Générale are working towards achieving financial close for the Project around the middle of 2010. Currently, the permitting and environmental approvals for the Project are expected to be complete by December 2009. The engineering procurement construction contractors have been secured and the core technology selected.