Commodity manager signs deal with UAE private family office

Centaur Ventures, the mining and natural resources investment subsidiary of global investment firm Centaur Holdings, has reached a $100m deal revolving credit facility with a United Arab Emirates based private family office.

The company said the funds will be used to expand the mining and natural resources projects of Centaur Mining predominantly in South Africa.

Centaur’s mining arm has received reserve bank approval for ZAR1.5bn for the funds to be deployed in South Africa.

The deal, agreed at a 4% coupon, will further see Centaur’s asset management arm serve as adviser to Centaur Ventures.

Centaur Ventures focuses on investments in the mining and natural resources sectors in South Africa, the US, the UK and Australia.

It uses various investment structures, including common equity through private placements or proprietary investments, debt, islamic debt, convertible debt, bridge loans and credit support.

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

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