Aug 17 (Reuters) - Terramin Australia Ltd TZN.AX :
* Debt restructure agreed with major shareholder TZN.AX
* Unit Terramin exploration and Asipac Group agreed restructure of existing debt facility used to develop bird-in-hand project
* Says facility has been increased from $2.8 million to $4.3 million
* Says the term has been extended to 30 September 2015
* Says facility will be used to repay a short term unsecured loan provided by asipac group
* Also expects to be in a position to repay outstanding debt under facility in accordance with terms and discharge the security thereafter
* Source text for Eikon ID:nASXfbRMV