March 31 (Reuters) - Slater & Gordon Ltd SGH.AX
* Market update amendment to syndicated facility agreement-
* Expects that discussions with new senior lenders will be successfully concluded in next few weeks, at which time a further announcement to market will be made.
* Following discussions with company new senior lenders have unanimously agreed to make further amendments to company's syndicated facility agreement
* This amendment agreement was executed earlier today
* Amendments include capitalisation of $32m of interest payments otherwise due for payment on 28 june 2017
* Key terms of new facility have yet to be fully developed by new senior lenders
* Amendments include consent for company to incur new super senior debt of up to $40m from one or more of new senior lenders
* Purpose of new facility will be to provide with working capital headroom required to continue to execute its plan to restore financial performance Source text for Eikon: ID:nASX2Tw1Br Further company coverage: SGH.AX