Redemption of $450m convertible bonds completed − Sibanye

About $383-million of the outstanding $383.8-million in outstanding bonds have been converted by bondholders of JSE- and NYSE-listed Sibanye-Stillwater’s wholly owned subsidiary Sibanye Gold, which in September exercised its option to redeem all outstanding bonds. Sibanye Gold had exercised its option in respect of its $450-million 1.875% convertible bonds, due 2023, to redeem all outstanding bonds at their principal amount, together with accrued but unpaid interest up to but excluding the optional redemption date.