Abbot Point coal terminal

[Chucaro]

Great news as far as I am concerned, we need more ethical investors like them were the environment is more important than greed for money.

Deutsche Bank rules out funding for controversial Abbot Point coal terminal

[bob10]

Just wondering if it could have something to do with the $300 billion dollar gas deal between Russia & China. It would be a first, a bank with a social conscience .Bob

[Chucaro]

Just wondering if it could have something to do with the $300 billion dollar gas deal between Russia & China. It would be a first, a bank with a social conscience .Bob

I am a bit cynical and perhaps it have something to do with the price of coal
In any case it is good for the reef providing that do not come another greedy lender and chip in with money.

[ramblingboy42]

well, I daresay Clive and Gina...even though they don't like each other , could reach a deal with the current queensland and federal government and broker some foreign banking organisation , in the name of prosperity and of course jobs, jobs, jobs.....it's really all about the Gallilee basin coal.

[Tank]

well, I daresay Clive and Gina...even though they don't like each other , could reach a deal with the current queensland and federal government and broker some foreign banking organisation , in the name of prosperity and of course jobs, jobs, jobs.....it's really all about the Gallilee basin coal.

Yes it is certainly about jobs, hundreds of thousands of jobs in Tourism all along the full length of the Great Barrier Reef, Regards Frank.

[Chucaro]

.......and many of that jobs will be for the Visa 457 holders.

[UncleHo]

The Tourism jobs might ot have a lot of 457's but the mining jobs etc. would!

[Hymie]

Well to be realistic, it's a bit of a joke a bank advertising it's not going to lend money to somebody that hasn't even applied for it in my opinion.

[Chucaro]

Well to be realistic, it's a bit of a joke a bank advertising it's not going to lend money to somebody that hasn't even applied for it in my opinion.

Well then what it is this back in October 15, 2013?

COMMONWEALTH Bank of Australia, Deutsche Bank and Westpac have been appointed as joint lead managers for $1.25 billion of debt issuance which will help refinance Adani Abbot Point Terminal, a person familiar with the matter said

[Hymie]

Well then what it is this back in October 15, 2013?

COMMONWEALTH Bank of Australia, Deutsche Bank and Westpac have been appointed as joint lead managers for $1.25 billion of debt issuance which will help refinance Adani Abbot Point Terminal, a person familiar with the matter said

2 seperate matters.
One was refinancing a debt.
The other was financing an expansion.
Deutsche Banks quote was , "Since our guidance requires such a consensus as a minimum, we would not consider a financing request."