CAPITAL MARKETS

Troy unveils new Investec terms

SHAREHOLDERS haven’t reacted overly well to Troy Resources’ restructure of its debt facility, but the good news is Troy’s banker Investec would appear to have given the recently troubled gold miner the all-clear as it works to turnaround the Karouni operation in Guyana.

Michael Quinn

Troy unveils new Investec terms

Following a site visit by Investec’s technical and financial advisors, Troy has been allowed to extend the repayment timeframe from mid-2018 to the end of 2018. Troy is repaying a total of $US29 million....

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