Nedbank backs Geita with $714 mln as JSE ends little changed
The JSE All Share closed up 0.0441% at 110337.36 points, while the Top 40 slipped 0.0196% to 101983.76 points. Nedbank backed AngloGold Ashanti's Geita gold mine with $714 million in financing, according to Mining.com.au, after Polity.org.za reported on July 14 that Nedbank CIB had underwritten a mining credit facility for the asset. Sibanye-Stillwater also completed a $500 million senior notes offering and liability management transaction, reports Global Legal Chronicle. The day's flow centered on mining finance and refinancing as equities ended near flat.
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