Petra Diamonds (PDL) - Completion of Debt Facilities RNS Number : 3747R Petra Diamonds Limited 19 November 2012 19 November 2012 LSE: PDL Petra Diamonds Limited ("Petra" or "the Company") Completion of Debt Facilities Further to the announcement of 13 November 2012, Petra announces that financial close in relation to the FirstRand Bank Limited (acting through its Rand Merchant Bank and First National Bank divisions), Absa Corporate and Investment Banking ("Absa") (a division of Absa Bank Limited and a member of Barclays) and IFC (a member of the World Bank Group) debt facilities of approximately US$244 million was reached on 16 November 2012. These transactions have now completed and the facilities are available for drawdown. Full details pertaining to the terms of the facilities were provided in the Company's announcement of 13 November 2012. ~ Ends ~ For further information, please contact: Petra Diamonds, London Telephone: +44 20 7318 0452 Cathy Malins email@example.com Buchanan Telephone: +44 20 7466 5000 (PR Adviser) Bobby Morse firstname.lastname@example.org Louise Mason email@example.com Cornelia Browne firstname.lastname@example.org RBC Capital Markets Telephone: +44 20 7653 4000 (Joint Broker) Martin Eales email@example.com Pierre Schreuder firstname.lastname@example.org Canaccord Genuity Limited Telephone: +44 20 7523 8000 (Joint Broker) Rob Collins email@example.com Andrew Chubb firstname.lastname@example.org About Petra Diamonds Limited Petra Diamonds is a leading independent diamond mining group and an increasingly important supplier of rough diamonds to the international market. The Company has interests in eight producing mines: seven in South Africa (Finsch, Cullinan, Koffiefontein, Kimberley Underground, Helam, Sedibeng and Star) and one in Tanzania (Williamson). It also maintains an exploration programme in Botswana. The Company has recently commenced a disposal process in respect of the Helam, Sedibeng and Star mines (the Fissure Mines), which are no longer core to the Group's portfolio. Petra offers an exceptional growth profile, with a core objective to steadily increase annual production to 5 million carats by FY 2019. The Group has a major resource base in excess of 300 million carats. Petra conducts all operations according to the highest ethical standards and will only operate in countries which are members of the Kimberley Process. Petra is quoted with a premium listing on the Main Market of the London Stock Exchange under the ticker 'PDL' and is a member of the FTSE 250. For more information, visit the Company's website at www.petradiamonds.com This information is provided by RNS The company news service from the London Stock Exchange END MSCFFMFMMFESEFF -0- Nov/19/2012 07:00 GMT
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Petra Diamonds PDL Completion of Debt Facilities
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