Eight join Gold Fields dollar loan

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Eight join Gold Fields dollar loan

South African miner Gold Fields has signed its latest loan after eight banks joined the deal in syndication, leading to an oversubscription and increase from $250m to $311m. The facility was signed at the same time that the borrower, rated BBB- by Standard & Poor’s, secured a R1.5bn ($180m) five year revolver led by Nedbank.

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