Gold Fields was self-arranging a loan refinancing of around $500 million (R3.7 billion), two banking sources said yesterday. The financing, which launched on Monday, was being clubbed at the top level but might be syndicated further, one of the sources said. Gold Fields was not immediately available for comment. The local producer joined fellow company AngloGold Ashanti, which was self-arranging a four-year, $1bn loan, a banking source said on Monday. Gold Fields last tapped the loan market last May for a one-year, $311m financing via Barclays and Royal Bank of Scotland. Gold Fields is rated BBB- by Standard & Poor's. - Reuters
