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News Apr 13, 2015

Shearman & Sterling Advises Romarco Minerals on Haile Gold Mine Financing

Shearman & Sterling advised Romarco Minerals Inc. and its subsidiary Haile Gold Mine, Inc. with respect to a $200 million senior secured project finance credit facility with Caterpillar Financial Services Corporation, ING Capital LLC, Macquarie Bank Limited and Société Générale. The facility will be used to fund the development of the Haile Gold Mine project in South Carolina. 

The Shearman & Sterling team was led by Cynthia Urda Kassis (New York-Project Development & Finance) and included partners Azam Aziz (New York-Asset Management) and Doreen Lilienfeld (New York-Compensation, Governance & ERISA); and associates Jeffrey Kalikow (San Francisco-Project Development & Finance),  Zach Shub-Essig (New York-Corporate), Ganaraj Hegde  (New York-Corporate), Derek Kershaw (New York-Tax) and Stephanie Monastra (New York-Compensation, Governance & ERISA).