Finance & Banking

Harmony Gold

Cliffe Dekker Hofmeyr is representing Harmony Gold, the third-largest gold mining company in South Africa and the 12th largest world-wide.

Our banking & finance team is advising this client 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.