Secured Loan News

Three-month Grace For Murrin Murrin

Thursday March 28, 2002
Anaconda Nickel can continue operating its Murrin Murrin nickel mine for at least another three months after secured creditors agreed to the terms of a $US10 millon loan from its largest shareholder Glencore

Primelife Heads To Court Over $20m Debt Claim

Tuesday March 12, 2002
Ted Sent, chief executive of retirement village group Primelife, will be asked to tell the Supreme Court how a $1.1 million loan to a former joint-venture partner escalated into a debt to Primelife of more than $20million

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