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BRIEF-Largo Resources restructuring of its export facilities

Published 2016-03-02, 09:33 a/m
© Reuters.  BRIEF-Largo Resources restructuring of its export facilities
LGO
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March 2 (Reuters) - Largo Resources Ltd LGO.V :
* Announces execution of new brazilian bank facility and restructuring of its
export facilities
* Terms of the new facility include working capital facility of up to
r$104,596,000 (brazilian reais)
* Concurrently with the new facility, agreed to new commercial terms for an up
to US $4 million loan facility with Banco Pine
* To use proceeds "strictly to pay interest and principal falling due under
co's existing construction debt facility "

* Source text for Eikon ID:nCNWW6GQBa

* Further company coverage LGO.V

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