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Lonmin announces rights issue, debt restructuring

Lonmin has said it will try to raise about US$400 million in a rights issue, about 50% more than its current market cap, as it announced a preliminary deal with its banks to restructure debt.

Lonmin announces rights issue, debt restructuring Lonmin announces rights issue, debt restructuring Lonmin announces rights issue, debt restructuring Lonmin announces rights issue, debt restructuring Lonmin announces rights issue, debt restructuring

Lonmin CEO Ben Magara

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