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BRIEF-Sumatra Copper & Gold and unit agree terms with lenders

Published 25/11/2016, 08:53 pm
© Reuters.  BRIEF-Sumatra Copper & Gold and unit agree terms with lenders
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Nov 25 (Reuters) - Sumatra Copper & Gold Plc SUM.AX :

* Company, and unit PT Dwinad Nusa Sejahtera has agreed terms with its lenders and major shareholders

* Provident minerals and PT Saratoga Investama Sedaya Tbk, agreed to take-up any shortfall in initial equity raise and major equity raise

* Terms to amend existing US$45 million senior secured debt facility and convertible notes that will lower cost and amount of debt Source text for Eikon: ID:nASX3rbltz Further company coverage: SUM.AX

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