CAPITAL MARKETS

Perilya secures financing for GlobeStar bid

ZINC-lead producer Perilya has entered into a definitive support agreement with takeover target GlobeStar Mining Corporation after securing financing for the $C184 million ($A182 million) bid.

Kristie Batten
Perilya secures financing for GlobeStar bid

The company secured a financing package of up to $A100 million from China Development Bank (CDB) with the rest of the acquisition to be funded through Perilya’s existing cash reserves which stood at $119.4...

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