Conyers advises Franco-Nevada (Barbados) Corporation on $135m financing transaction

Conyers Dill & Pearman has provided legal advice to Franco-Nevada (Barbados) Corporation in relation to the $135m (£81m) financing to Teranga Gold Corporation.

This was for the purpose of funding its stream transaction, the acquisition of the remaining interest in Oromin Joint Venture Group from Bendon International and the retirement of $30m of its $60m debt facility with Macquarie Bank.

Teranga has also acquired the Badr Investment & Finance Company.

Cora S Miller of Conyers’ BVI office advised on the matter, working alongside Goodmans.