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Home : TMAC Resources Makes First Draw Under US$120 Million Senior Secured Term Facility
Feb 11
2016

TMAC Resources Makes First Draw Under US$120 Million Senior Secured Term Facility

TORONTO, ON--(Marketwired - February 10, 2016) - TMAC Resources Inc. (TSX: TMR) ("TMAC" or the "Company") announces that it has made its first draw in the amount of US$50 million under the credit agreement (the "Credit Agreement") entered into with a syndicate of lenders including Sprott Resource Lending Partnership (as Agent) and Morgan Stanley Capital Group Inc., in July 2015 with respect to the US$120 million senior secured term loan facility (the "Debt Facility").
Source:http://www.marketwired.com/mw/release.do?id=2095784&sourceType=3
 
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