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Aggregate|Mining
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Sibanye-Stillwater launches cash tender offer for outstanding debt securities

Sibanye-Stillwater CEO Richard Stewart

Sibanye-Stillwater CEO Richard Stewart

6th May 2026

By: Sabrina Jardim

Senior Online Writer

     

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Mining and metals company Sibanye-Stillwater has begun capital management measures to reduce its gross debt through the purchase of outstanding debt securities, funded in part by the proposed issuance of new senior notes, as well as the group’s cash reserves.

Specifically, Stillwater Mining Company – a wholly-owned subsidiary of Sibanye-Stillwater – has begun a series of tender offers to buy, for cash, any and all of its outstanding 4% senior notes due this year and up to the capped maximum amount of its outstanding 4.5% senior notes due in 2029.

The company explains that tendered 2029 notes will only be accepted for purchase up to an aggregate principal amount of $75-million.

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Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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