Deals 28 May 2004

Freehills recently closed a $150 million syndicated secured loan facility for Zinifex. The company is a zinc and lead miner and smelter created out of assets from the de-listed Pasminco Group. Zinifex was the subject of a recent, successful IPO and required a secured loan facility for working capital purposes after the IPO. The transaction used the existing security structure previously established when Pasminco operated under a deed of company arrangement. The Freehills team was led by partner Dan Brealey and included solicitors Natalie Schulze and Edmond Liew.

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