Kenmare secures $200m debt facility

In:

Metals and Mining

Region:

Middle East & Africa, Europe

Kenmare Resources has signed a $200 million debt facility. The mining group has reached an agreement for a five-year RCF with a syndicate comprising Absa, Nedbank, Rand Merchant Bank, and Standard Bank.The new debt facility, featuring an overnight interest rate of 4.85%, is set to replace...

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