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BRIEF-Trevali Secures New $275 Mln Revolving Credit Facility

Published 2018-09-19, 08:53 a/m
© Reuters.  BRIEF-Trevali Secures New $275 Mln Revolving Credit Facility
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Sept 19 (Reuters) - Trevali Mining Corp TV.TO :

* TREVALI SECURES NEW US$275 MILLION REVOLVING CREDIT FACILITY

* TREVALI MINING CORP - NEW FACILITY REPLACES US$160 MILLION TERM LOAN FACILITY AND US$30 MILLION REVOLVING FACILITY ENTERED INTO IN AUGUST 2017

* TREVALI MINING CORP - EXPECTS TO REALIZE SAVINGS OF UP TO US$5 MILLION OVER TERM OF NEW FACILITY DUE TO REDUCTION IN INTEREST AND STANDBY FEE RATES

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