OZL 0.00% $26.44 oz minerals limited

from ozl themselves, page-9

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    MELBOURNE (Dow Jones)--OZ Minerals Ltd. (OZL.AU) said Friday that an extension of the
    deadline for the refinancing of US$560 million of its debt has been held up by one bank
    in a syndicate of lenders.
    The company went into a trading halt Friday as it continued negotiations for an
    extension of the deadline for the refinancing, which is this Sunday.
    "Up until very late last night we were quite confident that we could secure the
    extension from the panel until one of the banks, whilst accepting the extension, put
    caveats on that which from our perspective were unworkable," an OZ Minerals
    spokesman told Dow Jones Newswires.
    OZ Minerals said it is focused on concluding the negotiations on the extension, which
    converts project financing facilities into one corporate facility.
 
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