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Debt talks continue after creditors visit Murrin Murrin

ANACONDA Nickel is continuing negotiations to restructure its crippling debt after recently taking representatives of its secured creditors on a tour of the $1 billion-plus Murrin Murrin nickel-cobalt operation in Western Australia.

Greg Tubby
Debt talks continue after creditors visit Murrin Murrin

The bondholders, who helped fund Murrin Murrin's construction, are owed a total of US$420 million. Anaconda is in technical default after failing in March to "top up" a US$15.9 million reserve account...

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