Sibanye Gold $350 million revolving credit facility

24/8/2015
Financing

$ 350 million

Completed

24/8/2015


Overview:

  • Bank of America Merrill Lynch, HSBC, Credit Suisse, BMO Harris, Citibank, Goldman Sachs, JPMorgan, Nedbank, and RBC Europe Limited granted a $350 million revolving credit facility to Sibanye Gold, a South African gold producer. 
  • The credit facility included a $50 million accordion option. 
  • This was for purposes of working capital and general corporate purposes. 

Rani Mehta - Journalist

Jurisdictions:

South Africa
United Kingdom

Deal type:

Financing

Practice area:

Banking

Governing law:

South Africa

Industry sector:

Mining


Firm:

Party: Bank of America Merrill Lynch (Lender)

Party: HSBC (Lender)

Party: Credit Suisse (Lender)

Party: Citibank (Lender)

Party: Goldman Sachs (Lender)

Party: JP Morgan (Lender)

Party: Nedbank (Lender)

Party: RBC Europe (Lender)

Party: BMO Harris Financing (Lender)