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Anglo Asian Mining announces amount of debt to loca banks

Anglo Asian Mining announces amount of debt to loca banks

13 October 2016 10:44 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Anglo Asian Mining plc ("Anglo Asian" or "the Company"), the AIM listed gold, copper and silver producer focused in Azerbaijan, has announced the amount of debts to local banks.

According to the Company, net debt, being interest-bearing loans and borrowings less cash and cash equivalents, totalled $37.7 million at 30 September 2016, a reduction of $11.3 million since 31 December 2015.

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International Bank of Azerbaijan – loan $8.2 million

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YapiKredit $0.9 million

Pasha Bank $4.2 milion

Reza Vaziri - director's loan $3.9 million

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