Randgold Resources Limited (RRS.L,GOLD) Monday said it has entered into a $200 million unsecured revolving credit facility with HSBC and three other banks. The facility that matures in May 2016 is expected to be used for general corporate purposes.
The interest rate on the credit facility is LIBOR plus 1.5 percent at the lower end of the leverage grid. HSBC acted as the sole bookrunner on the facility with the other members of the syndicate, who consist of the banking groups of Barclays, Citibank, and Standard Chartered, acting as mandated lead arrangers.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.