Sibanye-Stillwater retains favourable debt covenant for 2019

Sibanye-Stillwater retains favourable debt covenant for 2019 Johannesburg, 11 January 2019: Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL - http://www.commodity-tv.net/c/search_adv/?v=298572 ) is pleased to report that all lenders of its US dollar and rand revolving credit facilities (RCF), comprising 13 leading South African and international banks, have agreed to retain the upper limit of the RCF, Net debt: Adjusted EBITDA* (ND:Adj EBITDA) covenant at 3.5x, for a further 12 months (until 31 December 2019), and on the same terms as the previous covenants. In terms of the previous cov [...]


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