Implats buys up to half of R3.25 billion convertible bond as market confidence rises – Mining MX
Implats buys up to half of R3.25 billion convertible bond as market confidence rises – Mining MX
IMPALA Platinum, South Africa’s third largest source of platinum group metals (PGMs), will repurchase up to half of a r3.25 billion convertible bond due 2022 for cash as it strengthens its balance sheet by cutting debt, BusinessLive said. According to the initial offer, Implats will pay 5.74 billion rand to withdraw 625 billion rand of […]
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