Wednesday 28 January 2015

Otmane El Rhazi : Bellzone secures $30bn loan from Chinese partner

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



Aim-listed miner Bellzone on Wednesday reported that it was finalising its $30-billion secured debt agreement with China Sonangol International to meet its liabilities. The company last year reported that it had been unable to secure long-term financing, with China Sonangol providing short-term loans as a solution.

No comments:

Post a Comment