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Gold Fields refinances credit facilities worth $1.4bn

JSE-listed Gold Fields has successfully refinanced its $1.44-billion credit facilities, which were due in November 2017. The new facilities amounted to $1.29-billion and comprised three tranches, including a $380-million three-term loan with a margin of 250 basis points, a $360-million three-year revolving credit facility and a $550-million five-year revolving credit facility with a  margin of 245 basis points.