ANZ Investment Bank acted as arranger as Hardman Resources, an independent Australian oil exploration firm, secured a $100 million seven-year financing to fund its share of the $500 million development costs of the offshore Chinguetti oil field, Mauritania. The transaction is the first internationally syndicated financing in the country. White & Case, led by partners Jason Kerr and David Baker, advised ANZ. Freehills acted as Australian counsel to the bank. Paul Wright of Wright Legal advised Hardman Resources.
February 01 2006