Lenders loosen Sibanye’s borrowing restrictions

Sibanye-Stillwater, SA’s largest private sector employer, has secured an increased debt capacity of its revolving credit facilities (RCF), which include a $1bn and a R5.5bn after a plunge in earnings.  

Sibanye had asked its lenders for a temporary increase following a substantial decline in first-quarter earnings. ..

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *