Harmony Gold goes digging for $400m refi

By Mariam Meskin
18 Jul 2019

Harmony Gold, a South African gold mining company, is in the market to raise $400m to refinance existing debt. The deal is being led by domestic lenders Absa Bank and Nedbank, according to bankers.

This deal is one of the few syndicated loans raised by a corporate borrower in South Africa this year. 

The transaction is likely to close at $400m, with a tenor of three years and the option of a one year extension. South African banks Absa Bank and Nedbank are ...

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