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Briefs: Crown issues notes, Barclays funds gold producer, S&P withdraws Rabobank’s local rating

12 July 2012 6:56am
  • Gaming company Crown Ltd is seeking a minimum of A$150 million through a new issue of senior unsecured medium-term notes. Indicative pricing is 250 basis points over the bank bill swap rate. Crown is guarantor for the issuer, Crown Group Finance Ltd. All four major banks are acting as joint lead managers.
  • Emerging gold producer Reed Resources announced yesterday that it has received credit approval from Barclays Bank PLC for a debt facility of up to A$23 million. The funds will be used as working capital for Reed's Meekatharra gold project and will also support performance...

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