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Implats liquidity poised for bond-offer boost

Platinum mining company Impala Platinum (Implats) has concluded its invitation to holders of outstanding 2018 convertible bonds, the company said following the expiry of the invitation on May 31. Implats launched dual convertible bond offerings last week to enhance its short-to-medium term liquidity and maintain a strong financial position against the background of the weak prevailing platinum group metals prices.