Emperor completes financing for DRD deal

EMPEROR Mines has finalised terms for a $US42 million ($A58.4 million) loan facility from ANZ, allowing it to complete the $230 million acquisition of DRDGOLD’s PNG assets.

Emperor completes financing for DRD deal Emperor completes financing for DRD deal Emperor completes financing for DRD deal Emperor completes financing for DRD deal Emperor completes financing for DRD deal

Emperor said the new facility would comprise a $35 million senior facility, with a 59-month tenor, as well as a $7 million revolving working capital facility.

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