International Ferro Metals is pleased to announce that the Bank of China loan facility of ZAR500 million which matures on 25 June 2012 has been rolled forward by a further one year period at an interest rate of JIBAR + 3.50%, subject to completion of final documentation.
For further information please visit www.ifml.com or contact:
International Ferro Metals Limited
Chris Jordaan, Chief Executive Officer
+27 (0) 82 653 1463
Carole Cable / Fiona Micallef-Eynaud
+44 (0) 20 7404 5959
Numis Securities Limited
James Black / Alastair Stratton / Stuart Skinner
+44 (0) 20 7260 1000
About International Ferro Metals:
International Ferro Metals produces ferrochrome, the essential ingredient in stainless steel, from its integrated chromite mine and ferrochrome processing operations in South Africa. International Ferro Metals is listed on the London Stock Exchange under the symbol IFL.
Forward Looking Statements
This announcement contains certain forward looking statements which by nature, contain risk and uncertainty because they relate to future events and depend on circumstances that occur in the future. There are a number of factors that could cause actual results or developments to differ materially from those expressed or implied by these forward looking statements.
This information is provided by RNS
The company news service from the London Stock Exchange
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.