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Home : Lundin Mining Announces Amendment to Credit Agreement to Extend Term to 2020
Oct 21
2016

Lundin Mining Announces Amendment to Credit Agreement to Extend Term to 2020

TORONTO, ONTARIO--(Marketwired - Oct. 20, 2016) - Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) ("Lundin Mining" or the "Company") announces that it has executed an amending agreement to its US$350 million revolving credit facility (the "Facility") that reduces the costs of borrowing and extends the term to June 2020, from October 2017. The amending agreement contains additional revisions, including amending certain mandatory prepayment clauses and provides for an increase in the leverage ratio for four quarters following a significant acquisition.
Source:http://www.marketwired.com/mw/release.do?id=2168666&sourceType=3
 
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