Company Data
| Last traded |
R261.89 |
| Change |
R-3.11 |
| % Change |
-1.17% |
| Cumulative volume |
4.99m |
| Market cap |
R351.71bn |
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London - Diamond producer De Beers, 45% owned by miner
Anglo American [JSE:AGL], has signed a $2bn debt deal to refinance existing debt and fund growth.
De Beers said the new $2bn multicurrency credit facility would be split between an $800m loan maturing in March 2015 and a $1.2bn revolving credit facility maturing in October 2016.
The proceeds will refinance an existing $3bn multicurrency revolving facility and a $200m loan agreement, and will be used for “general corporate purposes”.