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BRIEF-Trevali Enters Into Amended And Restated Credit Agreement With Existing Lenders And Secures Facility With Glencore

Published 2020-08-06, 06:27 p/m
© Reuters.
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Aug 6 (Reuters) - Trevali Mining Corp TV.TO :

* TREVALI ENTERS INTO AMENDED AND RESTATED CREDIT AGREEMENT WITH EXISTING LENDERS AND SECURES FACILITY WITH GLENCORE

* TREVALI MINING CORP - ENTERED INTO AN UP TO US$20 MILLION SECOND LIEN SECURED FACILITY AGREEMENT WITH GLENCORE CANADA

* TREVALI MINING - ENTERED 2ND AMENDED & RESTATED CREDIT AGREEMENT WITH SYNDICATE OF LENDERS FOR UPTO US$150 MILLION FIRST LIEN SECURED REVOLVING CREDIT FACILITY

* TREVALI MINING - MINIMUM LIQUIDITY REQUIREMENT UNDER AMENDED REVOLVING FACILITY HAS BEEN ELIMINATED MAKING AVAILABLE UP TO AN ADDITIONAL US$15 MILLION

* TREVALI MINING CORP - AVAILABILITY UNDER AMENDED REVOLVING CREDIT FACILITY HAS BEEN INCREASED TO $135 MILLION

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