IN BRIEF: Petra extends deadline for refinancing commitment letter
Petra Diamonds Ltd - South Africa and Tanzania-focused diamond miner - Updates on the August 8 announcement of proposed refinancing terms with certain key stakeholders. Terms include a USD25 million rights issue at 16.5p per share, extending the maturity date of its senior secured bank debt to December 2029 and extending its senior secured second lien notes to March 2030. Read More