Sibanye Gold  (SBGL) shares were down nearly 3% Tuesday morning after Bloomberg reported that the company plans to raise $2 billion, including $1 billion in debt, to finance the purchase of Stillwater Mining  (SWC) .

The financing will help repay a $2.65 billion bridge loan the company took from a consortium of banks. Sibanye first announced the $2.2 billion purchase in December. 

Sibanye shares closed trading down 3.47% to $10 on heavier than normal volume Tuesday. 

Editor's Note: story has been updated since 10:52 am EST. 

(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views. Click here to listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)

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