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 Address to refer: https://www.researchchannel.co.za/article/ppc-outlines-plan-for-immediate-liquidity-squeeze-as-it-works-on-rights-issue-2016-06-14
 Article Headline: PPC outlines plan for immediate liquidity squeeze as it works on rights issue
 Abstract: Embattled cement producer PPC is finalising a R3-billion to R4-billion capital raising plan in parallel with urgent efforts to bed down a R2-billion bridging guarantee facility to settle outstanding obligations to bondholders that come due on June 23. The JSE-listed group is facing serious liquidity problems following a recent downgrade by S&P Global Ratings, which triggered an early redemption of R1.75-billion, plus interest, to noteholders.
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