JSE-listed agriculture and agroprocessing company Tongaat Hulett this week said it was making progress with its debt restructuring plan, which has resulted in a new R600-million borrowing base facility being concluded with a South African lender, which will remain in place until September 30. The company continues to progress the turnaround and restructuring plan that will be delivered to the board at the end of September, said CEO Gavin Hudson.
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