Our finance & banking team is advised Harmony Gold in a US$200 million equity take out bridge loan facility, from a syndicate of banks
- Home
- Home
- Our finance & banking team is advised Harmony Gold in a US$200 million equity take out bridge loan facility, from a syndicate of banks
Our finance & banking team is advised Harmony Gold in a US$200 million equity take out bridge loan facility, from a syndicate of banks
Cliffe Dekker Hofmeyr is representing Harmony Gold, the third-largest gold mining company in South Africa and the 12th largest world-wide.
Our finance and banking team is advised Harmony Gold in a US$200 million equity take out bridge loan facility, from a syndicate of banks. The facility will be utilised to fund part of the acquisition of the Moab Khotsong and Great Noligwa Mines from Anglo Gold Ashanti. Our team led work on a range of complex intercreditor issues and handled tough negotiations between the global and local syndicate lenders.
You might also be interested in

16 Sep 2024
1 min read

26 Aug 2024
by Taryn York, Mapaseka Nketu and Khutso Mongadi
In possession of a blocked identity document or card? Home Affairs gives affected parties an opportunity to avoid cancellation
As a way to combat the decades-old issue of fraudulent identity documents being in circulation in South Africa, Tommy Livhuwhani Makhode, the Director-General of the Department of Home Affairs (DHA) published the following notice in the Government Gazette: “Notice in terms of Section 3 of the Promotion of Administrative Justice Act: Intention to cancel identity documents or cards of persons whose identity numbers are blocked and call representations from affected persons (GG) 5135 (16/08/2024)” on 16 August 2024 .
Immigration Law
2 min read

29 Jan 2025
by Tayyibah Suliman and Sadia Rizvi
Navigating the Information Regulator’s guidance note on direct marketing
On 3 December 2024, the Information Regulator released a guidance note on direct marketing (Guidance Note) under the Protection of Personal Information Act 4 of 2013 (POPIA). Leading into the new year, this Guidance Note is likely to change the way in which organisations approach their direct marketing strategies.
Technology & Communications
4 min read

3 May 2024
New Labour Court and Labour Appeal Court rules published and shall commence and come into operation on 17 July 2024
The Rules Board of the Labour and Labour Appeal Courts drafted and adopted new rules for the Labour Court and the Labour Appeal Court (Rules). These Rules were published on 3 May 2024 in GN 50608 (the publication). The Rules replace the existing Labour Court Rules published in GN 1665 of 1996, the Practice Manual of the Labour Court of South Africa, and the Labour Appeal Court Rules published in GN 1666 of1996.
Employment Law
1 min read

30 Jan 2025
by Eugene Bester, Kuda Chimedza, Loyiso Bavuma and Sidumisile Zikhali
The effect of the accessorial principle on prescription, res judicata, and estoppel
In the matter of Estelle Le Roux and Another v Dielemaar Holdings (Cape) Pty Ltd and Another (414/2023) ZASCA 118, three lease agreements were concluded between a close corporation as the principal debtor and the respondents (creditors), with the applicants as sureties and co-principal debtors. The principal debtor fell in arrears in the amount of R1,035,406.63 in respect of the three leases.
Banking, Finance & Projects
6 min read

17 Sep 2024
by Lebohang Mabidikane
Lebohang Mabidikane Director in the Competition Law practice discussed her Career path
Lebohang Mabidikane, Director in the Competition Law practice was featured in the DealMakers Women 2024 Issue where she discussed her Career path.
Competition Law
1 min read