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Petra Diamonds delays interest payment to borrow $21m

Cecilia Jamasmie | May 01, 2020 | 3:54 am Markets Africa Diamond 

South Africa’s Petra Diamonds (LON:PDL) has swayed bondholders to receiving an interest payment due Friday to a later date, which would allow it to borrow R400 million ($21m) in new debt, a key move to keep the miner afloat. Petra,...

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