March 11 (Reuters) - Sierra Metals Inc SMT.TO :
* SIERRA METALS INC. ANNOUNCES CLOSING OF NEW SENIOR SECURED US$100 MILLION CORPORATE CREDIT FACILITY
* SIERRA METALS INC - WILL ALSO USE PROCEEDS OF NEW FACILITY TO REPAY EXISTING DEBT BALANCES IN NEAR TERM.
* SIERRA METALS INC - CORPORATE FACILITY HAS A 6-YEAR TERM MATURING MARCH 2025
* SIERRA METALS INC - CORPORATE FACILITY HAS AN INTEREST RATE OF 3.15% + LIBOR 3M (NYSE:MMM)