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Tongaat Hulett makes progress with its debt restructuring

9 September 2022

Tongaat Hulett makes progress with its debt restructuring

 

Financially troubled JSE-listed sugar producer and property company Tongaat Hulett says it is making progress with its debt restructuring and has concluded a new R600 million borrowing base facility with the South African lender group. The company said that negotiations are also progressing with funders outside of the lending group to secure a further R750 million.

 

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