Randgold Resources, the FTSE 100-listed gold miner, has entered into a 200m dollar unsecured revolving credit facility with HSBC and three other banks to be used for general corporate purposes.
The terms of the facility, which matures in May 2016, are described by the company as 'favourable', and have an interest rate of LIBOR (the rate at which London bank lend to one another) plus 1.5%.
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