June 27 (Reuters) - Platinum Group Metals Ltd PTM.TO :
* Platinum Group Metals announces private placement of US$20 million 6 7/8% convertible senior subordinated notes due 2022
* Notes will bear interest at a rate of 6 7/8% per annum, payable semi-annually on January 1 and July 1 of each year
* To use proceeds from sale of notes for working capital at Maseve Mine, for work on study on Waterberg Project Source text for Eikon: ID:nCCNbwRWBa Further company coverage: PTM.TO