Peermont may mull listing after restructuring

BusinessDay: "PEERMONT Global, the gaming and hotel group that owns Emperors Palace in Johannesburg, may consider a future listing on the JSE after it has completed a restructuring of its balance sheet. Peermont hoped to finish a review of its capital structure by the end of this year, CEO Anthony Puttergill said on Friday. 'We certainly may consider doing a listing at some time. We first need to finish our capital restructure, which would significantly strengthen our balance sheet.' The debt that was being reviewed was a shareholder loan worth about R3,3bn, he said."