Sibanye raises $1.05bn in oversubscribed bond offering

June 21, 2017

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Sibanye on Wednesday reported that it had successfully completed an international corporate bond offering, which was about two times oversubscribed and raised $1.05-billion. The bonds comprise two tranches – a $500-million five-year note, carrying a 6.125% coupon and a $550-million eight-year note, carrying a 7.125% coupon.

Category: General