CAPITAL MARKETS

Perilya nails down funding terms

PERILYA has nailed down the terms of a long-term zinc sale and purchase deal and funding arrangement with Korea Zinc Group, agreeing to supply the world's largest producer of refined zinc with half the concentrates from the Broken Hill mine.

Greg Tubby

Perilya nails down funding terms

Korea Zinc will lend Perilya US$15 million to help fund its acquisition of the mine from Pasminco, repayable over three years at a competitive market interest rate. Perilya has also agreed to issue Korea...

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