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NORTHAM PLATINUM LIMITED - Northam secures a further R1.0 billion of funding facilities

Release Date: 30/06/2021 09:15
Wrap Text
Northam secures a further R1.0 billion of funding facilities

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share code: NHM ISIN: ZAE000030912
Debt issuer code: NHMI
Bond code: NHM007       Bond ISIN: ZAG000158593
Bond code: NHM009       Bond ISIN: ZAG000158866
Bond code: NHM011       Bond ISIN: ZAG000159237
Bond code: NHM012       Bond ISIN: ZAG000160136
Bond code: NHM014       Bond ISIN: ZAG000163650
Bond code: NHM015       Bond ISIN: ZAG000164922
Bond code: NHM016       Bond ISIN: ZAG000167750
Bond code: NHM018       Bond ISIN: ZAG000168097
Bond code: NHM019       Bond ISIN: ZAG000168105
Bond code: NHM020       Bond ISIN: ZAG000172594

(“Northam” or the “Company”)


NORTHAM SECURES A FURTHER R1.0 BILLION OF FUNDING FACILITIES

Northam is pleased to announce that it has increased its available bank funding facilities by R1.0 billion, from
R4.0 billion to R5.0 billion. The increase comprises a R500 million increase in the existing revolving credit facility
(“RCF”) from R3.5 billion to R4.0 billion, and a R500 million increase in the existing general banking facility
(“GBF”) from R500 million to R1.0 billion. The interest rates on both the RCF and the GBF remain unchanged.

Paul Dunne, Northam’s Chief Executive, said “Whilst the RCF and GBF are currently fully undrawn, Northam
has reviewed and increased its credit facilities to ensure these remain in step with the significant increase in the
Company’s scope of operations. Northam is pleased to have secured additional facilities on the same commercial
terms”.

Johannesburg
30 June 2021

Corporate Advisor, Sponsor and Debt Sponsor to Northam
One Capital

Attorneys to Northam
Webber Wentzel

Sole Mandated Lead Arranger, Original Lender and Facility Agent in respect of the RCF and GBF
Nedbank Limited (acting through its Nedbank Corporate and Investment Banking division)

Date: 30-06-2021 09:15:00
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