Lonmin undertakes $200mn refinancing

PUBLISHED: Mon, 22 Oct 2018 15:33:31 GMT

Lonmin announced that it has agreed to enter into a $200 million metal purchase agreement with Pangaea Investments Management. The platinum miner says that the facility will provide increased liquidity. Joining CNBC Africa for more is Ben Magara, CEO, Lonmin and Nesan Nair, Senior Portfolio Manager, Sasfin Securities.

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