Baja Mining Announces First Draw of US$123.5 Million of Senior Debt for Boleo
Baja Mining Corp. today announced that its 70%-owned Mexican subsidiary, Minera y Metalurgica del Boleo S.A de C.V., drew down the first advance of funds of US$123.5 million under its US$ 759 million senior debt facilities on October 18, 2011. Senior and subordinated debt facilities total US$ 823 million.