Slim Miner Readies Bank Meeting

Slim Miner Readies Bank Meeting

Mexico Loans

Minera Frisco plans to hold a bank meeting in New York Wednesday for a $1.1bn 5-year loan, following a meeting in Mexico last week, say sources familiar with the transaction. The New York meeting was postponed due to weather conditions on the US East Coast. The term loan, of which $750m will be used for the acquisition of Mexican mining assets and $350m for refinancing other debt, offers $75m and $50m tickets at 75bp and 50bp respectively. It is expected to close before the end of the year, subj

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