Coromandel Backs Subsidiary with $15.5M Guarantee
Coromandel International Limited · COROMANDEL · NSE ·
**Action:** Issued a corporate guarantee of **USD 15.5 Million** to Citibank N.A. **Purpose:** To secure a **USD 14.09 Million** working capital facility for its subsidiary, Baobab Mining & Chemicals Corporation, S.A., Senegal (BMCC). **Financial Impact:** Creates a contingent li…