Platinum producer Lonmin has published an update on its amended bank debt facilities.
The group reported that following the completion of its Rights Issue, Lonmin's amended ZAR bank debt facilities of R1.98bn became effective on December 13 2012.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The amended $400m revolving credit facilities became effective on December 19 2012.
Lonmin's share price was down 0.88% to 294.40p at 13:17 on Wednesday afternoon.
MF
-
Could your family be at risk of an unexpected tax bill? How to keep your loved ones in the loopMany families are out of the loop when it comes to planning the financial aspects of both retirement and inheritance
-
Rightmove: Glut of homes for sale in southern England drives asking price dropAsking prices are 0.1% lower than a year ago, according to the property website, driven by challenges in affordability-stretched London and the south
