Northam increases credit facility by R2bn to support renewables programme
JSE-listed Northam Platinum has successfully concluded and implemented an agreement to increase its existing revolving credit facility (RCF) from R11.3-billion to R13.3-billion to support its renewable energy rollout. Northam’s total available banking facilities now amount to R14.3-billion, comprising the increased RCF of R13.3-billion, which matures in August 2027, and existing general banking facilities of R1-billion.
JSE-listed Northam Platinum has successfully concluded and implemented an agreement to increase its existing revolving credit facility (RCF) from R11.3-billion to R13.3-billion to support its renewable energy rollout. Northam’s total available banking facilities now amount to R14.3-billion, comprising the increased RCF of R13.3-billion, which matures in August 2027, and existing general banking facilities of R1-billion.
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