
Northam Platinum Ltd, founded in 1990 and headquartered in South Africa, is a prominent player in the platinum group metals industry, dedicated to the production and mining of platinum and associated metals. The company operates mining facilities primarily in the Bushveld Complex, which is known for its rich deposits of platinum, palladium, rhodium, and nickel, providing investors with a focused portfolio in the precious metals sector.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
NPLAZA 11.01% 2027-09-23 ZARNortham Platinum Ltd | South Africa | 2027-09-23 | 11.008 | 8.36 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Northam Platinum began issuing bonds in 2014 to diversify its funding sources and support expansion activities. Among significant issuances, the company raised ZAR 1.5 billion in 2020, which was notably used to finance acquisitions and enhance operational efficiencies. Currently, Northam's bond yields are competitive within the mining industry, reflecting solid demand for its debt offerings. The company maintains a range of bond features, including callable options, and has received positive sentiment from investors following successful project completions.