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South African rand lending rates are shaping cross-border project finance for resource companies with U.S. Renergen Limited, a wholly-owned subsidiary of ASP Isotopes Inc.
(ASPI), on August 14, 2026 restated its secured term loan with The Standard Bank of South Africa Limited, rolling capitalized accrued interest into principal and extending the maturity by one year.
The reworked facility carries an aggregate principal of ZAR230,532,658.90, approximately USD14,212,864.30 at current exchange rates.
The prior agreement, dated December 12, 2025, had a principal of ZAR155,000,000 (approximately USD9,556,103.58); the difference reflects accrued unpaid interest capitalized on August 14, 2026.
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