Caterpillar unit underwrites Detour Gold's $40M equipment purchase

08/16/2011 | RTT News

Detour Gold executed a term sheet with Caterpillar Financial Services to underwrite a mining-fleet lease facility worth $40 million. The agreement will fund Detour Gold's purchase of mobile fleet equipment by Caterpillar. Detour Gold previously obtained from Caterpillar Financial $105 million in financing for mobile fleet equipment.

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