IN BRIEF: Tharisa secures new trade finance facilities from lenders
Tharisa PLC - Cyprus-headquartered platinum miner - Says it has secured new trade finance facilities from its existing banks. Notes that these facilities are designed to provide greater flexibility, improve working capital efficiency, and enhance its global trading capabilities. Says it has negotiated improved unsecured, revolving trade finance facilities, with Hongkong & Shanghai Banking Corp Ltd, providing USD30 million, and Absa Bank Ltd, offering USD15 million with an "accordion" of USD15 million. Read More