'Basis Point, a Thomson Reuters news service, has reported that lenders Australia & New Zealand Banking Group (ANZ.AX), Commonwealth Bank of Australia (CBA.AX), BNP Paribas (BNPP.PA), nabCapital (NAB.AX), Royal Bank of Scotland (RBS.L) and Westpac Banking Corp (WBC.AX) have already agreed to a refinancing.
But HBOS is reluctant to give Oz Minerals more time, the Australian said, adding that its refusal to give the miner another lifeline could trigger a forced sale of assets.'
If true, amazing that we are hostage to one bit player....
OZL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
