Sibanye-Stillwater Shares Hit 3-Year Low After Bond Offering, Platinum Report

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By Dean Seal

Sibanye-Stillwater’s American depositary shares hit a three-year low following the company’s launch of a $500 million bond offering and a report on challenges in the platinum market next year.

The stock fell 23% to a low of $4 in early trading. Shares haven’t traded this low since the spring of 2020.

The…

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