Data provided by iNet BFA
Loading...
See More

De Beers signs $2bn debt deal

Nov 01 2011 16:34 Reuters

Company Data

ANGLO AMERICAN PLC [JSE:AGL]

Last traded 288.00
Change 8.61
% Change 0.03
Cumulative volume 2856987
Market cap 404.77bn

Last Updated: 22/07/2014 at 04:26. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

De Beers: Rough diamond demand to soar

De Beers in new Botswana deal

De Beers strike over, wage deal signed

Upbeat Anglo ups profit 38%

De Beers sales up 33%

Mines: Botswana shows SA how

 
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”.
anglo american  |  de beers
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

OneRandMan learns how money really works

National Savings Month is not only this month, it is every month from your very first salary slip, an expert warns OneRandMan and all South Africans.

 
 

Start saving...

Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account
All about endowments

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...