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| Home : Lundin Mining Secures Commitments for Eagle Project Funding |
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Sep 17
2013 |
Lundin Mining Secures Commitments for Eagle Project Funding |
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TORONTO, ONTARIO--(Marketwired - Sept. 16, 2013) - Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) ("Lundin Mining" or the "Company") today announced that it has executed a term sheet (the "Term Sheet") and secured commitments from a syndicate of lenders for a new term loan of $250 million (the "Term Loan") to be extended under an amendment to its existing credit agreement (the "Amended Credit Agreement"). The Amended Credit Agreement will also extend the maturity of the existing $350 million revolving credit facility (the "Revolving Facility") to four years from the date of closing of the amendment. The availability of the Term Loan and extension of the Revolving Facility is subject to the completion of the Amended Credit Agreement and other related definitive loan documentation on the terms and conditions set out in the Term Sheet. |
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| Source:http://www.marketwired.com/mw/release.do?id=1831208&sourceType=3 |
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