CAPITAL MARKETS

St Barbara to put cash to work in reducing debt

AFTER cashing up to the tune of $A75 million via a private placement, gold miner St Barbara intends to use a sizeable proportion of the funds to buy back $50 million in convertible notes from a 2007 capital raising.

Kate Haycock

St Barbara to put cash to work in reducing debt

Melbourne-based St Barbara said the buyback was part of the company’s “active management” of its balance sheet and was intended to strengthen its balance sheet. The company, which is revitalising the...

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