Redefine’s healthy balance sheet helps secure debt refinancing
Company is entering the storage sector in Poland and looking to diversify its funding sources
23 February 2023 - 19:30
JSE-listed Redefine Properties is in negotiations with lenders to refinance R4.2bn of its debt that matures during the 2023 financial year — of which R3.2bn relates to the EPP — Echo Kielce and Marcelin facilities.
The remaining R1bn is maturing bonds, which the company said will be refinanced in the bond market or by using available cash resources...
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