Home Business South Africa’s Northam Platinum raises $118 million with medium term note placement

South Africa’s Northam Platinum raises $118 million with medium term note placement

68
0

JOHANNESBURG – South Africa’s Northam Platinum said on Tuesday it had placed a 1.65 billion rand ($118 million) domestic medium term note and would use initial proceeds to repay other notes in issue.

The miner said the private placement of the notes fell under its 2 billion rand domestic medium term note programme and the paper has one- two- and three-year maturities.

($1 = 14.0200 rand) (Reuters)

Loading...
Previous articleOndo Govt appeals to wealthy individuals to establish skills acquisition centres
Next articleSenate Presidency: Group urges Ndume, others to accept party supremacy

Leave a Reply