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10 months ago
BRIEF-Eskom signs $500 mln credit facility with China Development Bank
October 3, 2016 / 10:57 AM / 10 months ago

BRIEF-Eskom signs $500 mln credit facility with China Development Bank

Oct 3 (Reuters) - South Africa's Eskom:

* Eskom says signs an inaugural $500 mln(7 bln rand) credit facility with China Development Bank

* Facility will contribute towards Eskom's current capital expenditure programme

* Chief financial officer says successful execution of credit facility increases funding secured for financial year 2016/17 to 51 bln rand Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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