Eskom secures R15bn loan facility

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Eskom plans to use a R15bn loan facility to partly fund its capital expenditure programme

 

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How it will pay back the money

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JUST IN: Eskom secures R15bn loanEskom has secured a R15bn credit facility from local and international banks. More debt. Smart This Eskom is a cancer. From who ? And with what conditions
Source: News24 - 🏆 4. / 80 Read more »

Eskom secures R15bn loanBREAKING | SA’s debt-ridden power utility Eskom, says it has secured a R15bn loan facility from a consortium of local and international banks.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Eskom secures R15bn loanEskom, SA’s debt-ridden power utility, says it has secured a R15bn loan facility from a consortium of local and international banks. Soon we will be expected to help pay off the loan ai... nothing to rejoice over ....and we should celebrate? They will give themselves bonuses
Source: SowetanLIVE - 🏆 13. / 63 Read more »

BREAKING NEWS: Eskom secures R15bn loan facilityThe struggling power utility has a debt burden of R419bn From where, So Eskom is taking more debt to survive? Hmm.....I don't think this loan will solve the challenges facing this company in a longer-term though........ So simply more debt ? More debt to be serviced and never to be repaid ?
Source: BDliveSA - 🏆 12. / 63 Read more »

Eskom secures a R15bn loanIn a statement today, Eskom announced that it had secured the R15-billion loan through a consortium of local and international banks. Is it the Gupta bank ? When Makate gets his R70bn from Vodacom, he can bail Eskom out Someone will go home with cash in their pockets. Same thing over and over again.
Source: mailandguardian - 🏆 2. / 92 Read more »

Consortium rescues Eskom with R15bn loanThe R15 billion credit facility will form part of the utility's capital expenditure programme.
Source: TheCitizen_News - 🏆 6. / 75 Read more »