Tag Archive 'Transnet'

Apr 21 2009

Transnet taps foreign capital market for first time

Published by under Companies,More News

Transnet finalised a financing facility of R915 million with the Finnish Export Credit Agency (ECA) Finnvera last week. The money will be used to buy equipment for the ports of Durban, Ngqura and Cape Town. Full report here. 

It was the first time Transnet tapped the foreign capital market to part-fund its capex programme.

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