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Petra Diamonds Ltd (PDL.L)

PDL.L on London Stock Exchange

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Tue, Apr 10 2018

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Petra Diamonds secures new debt agreements with lenders

LONDON Petra Diamonds said on Tuesday that it has finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements for this year.

Petra Diamonds secures new debt agreements with lenders

LONDON, April 10 Petra Diamonds said on Tuesday that it has finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements for this year.

UPDATE 1-Petra Diamonds' first-half core earnings fall 8 pct

Feb 19 Petra Diamonds Ltd said core earnings fell 8 percent in the first half of the year, hurt mainly by a strike at its South Africa operations and the blocking of a consignment of diamonds in Tanzania.

Petra Diamonds' first-half core earnings fall 8 pct

Feb 19 Petra Diamonds Ltd said core earnings fell 8 percent in the first half of the year, hurt mainly by a strike at its South Africa operations and the blocking of a consignment of diamonds in Tanzania.

Petra Diamonds seeks debt deal to avoid loan default

CAPE TOWN African miner Petra Diamonds is likely to strike a deal with its lenders that could include a waiver or a reset of its debt covenants within the next month, its chief executive Johan Dippenaar said.

UPDATE 2-Petra Diamonds shares slump after profit warning

* Shares fall as much as 20 pct (Adds details, background, shares)

Petra Diamonds sees lower-than-expected core earnings, cuts 2018 output view

Jan 29 Petra Diamonds Ltd said on Monday it expects full-year core earnings to come in about 10 percent to 15 percent below consensus, and cut its 2018 production forecast.

Petra Diamonds sees brighter 2018 after warning of debt breach

LONDON A possible breach of its banking agreements does not pose a big risk to Petra Diamonds because its finances will improve following the end of a labor dispute in South Africa and the lifting of an export ban in Tanzania, its chief executive said.

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