African Minerals shrugs off late start for CB

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African Minerals shrugs off late start for CB

Issue: 1240 - 3 February 2012

African Minerals re-opened the European equity-linked market on Tuesday with a quick-fire $350m convertible bond that was strongly supported by outright investors and others with conviction about the company’s equity story. Other early-stage miners that are coming into the production stage might also be tempted by the CB product, said one banker. ..

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