May 15 (Reuters) - St Barbara Ltd SBM.AX :
* ST BARBARA TO ACQUIRE ATLANTIC GOLD AND EQUITY RAISING
* INTENDS TO RAISE ABOUT A$490 M THROUGH UNDERWRITTEN PRO-RATA ACCELERATED NON- RENOUNCEABLE ENTITLEMENT OFFER TO PARTLY FUND TRANSACTION
* HAS ALSO SECURED A NEW COMMITTED A$200 M THREE YEAR REVOLVING LOAN FACILITY WITH WESTPAC BANKING CORPORATION TO SUPPORT COMBINED CO
* ENTITLEMENT OFFER OF 1 NEW ORDINARY SHARE IN CO FOR EVERY 3.1 EXISTING ORDINARY SHARES AT OFFER PRICE OF A$2.89 PER NEW SHARE
* INTENDS TO RETAIN KEY ATLANTIC EXECUTIVES & OPERATING TEAM