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6 months ago
BRIEF-Sibanye closes syndication of $2.65 bln bridge facilities to support Stillwater deal
February 13, 2017 / 7:19 AM / 6 months ago

BRIEF-Sibanye closes syndication of $2.65 bln bridge facilities to support Stillwater deal

Feb 13 (Reuters) - Sibanye Gold Limited :

* Sibanye closes syndication of $2,650,000,000 bridge facilities

* Successfully closed syndication of bridge facilities, underwritten by Citi and HSBC, to support its acquisition of Stillwater Mining Co

* Citi and HSBC also acted as mandated lead arrangers and book runners in respect of facilities

* Syndication of facilities was launched in early Jan 2017 and was oversubscribed by more than $1 billion

* Citi is acting as facility agent Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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