Selloff in materials pull Australia shares down, NZ also fall
Feb 24A selloff in materials stocks knocked Australia's shares on Friday morning, with losses led by mining giants BHP Billiton and Rio Tinto.
(Corrects loan amount to $430 mln from $420 mln in first paragraph)
DUBAI Dec 21 Nebras Power, majority owned by Qatar Electricity and Water Company, has signed a $430 million debut revolving credit facility led by Sumitomo Mitsui Banking Corporation, the company said on Wednesday.
The four-year loan transaction will be used to strengthen the company's capital structure and to provide long-term financial flexibility, the statement said. HSBC and Mizuho were also involved in the loan.
Nebras Power owns and operates power generation projects in Qatar. It is 60 percent-owned by Qatar Electricity and Water. (Reporting by Davide Barbuscia, editing by Louise Heavens)
* By year-end, total capital adequacy ratio (car) was at 15.5 pct with common equity tier 1 (cet-1) ratio at 12.5 pct Source text for Eikon: Further company coverage:
Feb 23 A strong earthquake of magnitude 6.1 struck northern Zambia early on Friday, the U.S. Geological Survey said.