Israel Corp. sends Zim additional $100 million

The owner's loan is part of a $150 million credit facility.

Israel Corp. (TASE: ILCO) has extended an additional $100 million owner's loan to troubled shipping holding Zim Integrated Shipping Services Ltd..

The loan is part of a $150 million credit facility. An earlier loan as part of the facility was extended in November.

Published by Globes [online], Israel business news - www.globes-online.com - on July 2, 2009

© Copyright of Globes Publisher Itonut (1983) Ltd. 2009

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