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Northam Platinum Ltd
BERLIN NOC.BE 10.50 €UR 0.00%
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On May 13 2016

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Northam issues R175 million of domestic medium term notes

13 May 2016

Northam is pleased to announce that the company has successfully raised term debt through an issue of R175 million five year senior unsecured fixed rate domestic medium term notes. The Notes bear a fixed coupon of 13.50% per annum, payable semi-annually, and will be redeemed on 12 May 2021.

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