What does Auramet know? While Auramet peeled off a paltry $10 million (CNC PP) from their 2021 revenue of $22 Billion - check out the size of deals they normally do with some of the worlds largest banks:
09/08/2021:
“ING leads US$300mn syndicated financing for metals trader Auramet
The deal sees Auramet increase its financing from last year’s US$235mn facility,while a spokesperson for ING Capital, which led the financing on behalf of the firm, tells GTR that funding will once again be used for working capital purposes.
Alongside ING and Rabobank, other lenders on the deal include Bank of China, Brown Brothers Harriman & Co, CIBC Bank, HSBC, Macquarie Bank and Mizuho.
ING Group: With total assets of US$1.1 trillion, it is one of the biggest banks in the world”
Auramet has all the money CNC needs to go into production if needed in the future. The paltry 1% profit on the $10 million PP is a joke compared to their normal transactions. As yourself what do they know?
While Auramet peeled off a paltry $10 million (CNC PP) from their 2021 revenue of $22 Billion - check out the size of deals they normally do with some of the worlds largest banks:
09/08/2021:
“ING leads US$300mn syndicated financing for metals trader Auramet
The deal sees Auramet increase its financing from last year’s US$235mn facility,while a spokesperson for ING Capital, which led the financing on behalf of the firm, tells GTR that funding will once again be used for working capital purposes.
Alongside ING and Rabobank, other lenders on the deal include Bank of China, Brown Brothers Harriman & Co, CIBC Bank, HSBC, Macquarie Bank and Mizuho.
ING Group: With total assets of US$1.1 trillion, it is one of the biggest banks in the world”
Auramet has all the money CNC needs to go into production if needed in the future. The paltry 1% profit on the $10 million PP is a joke compared to their normal transactions. As yourself what do they know?