Nampak tells of successes in its debt refinancing
Debt-laden packaging group’s deal with lenders hinges on rights offer alongside robust asset disposal plan
03 October 2023 - 05:00
Debt-laden Nampak has told shareholders that its life-saving debt refinancing has been successfully implemented from September 29 and the final agreements for its turnaround plan have been signed.
The debt refinance package that the JSE-listed manufacturer negotiated with lenders and announced in August hinged on successful implementation of a rights offer alongside a robust asset disposal plan. ..
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