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BRIEF-Saracen Mineral secures financing facility

Published 04/11/2016, 02:18 pm
Updated 04/11/2016, 02:20 pm
© Reuters.  BRIEF-Saracen Mineral secures financing facility
SAR
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Nov 4 (Reuters) - Saracen Mineral Holdings Ltd SAR.AX :

* Entered into a long-term senior corporate financing facility with a syndicate of three major international banks

* Facility includes an initial A$45m loan facility, A$5m bank guarantee facility and gold hedging facility

* Facility also features an accordion provision whereby saracen can request up to an additional A$105m capacity under corporate loan Source text for Eikon: Further company coverage: SAR.AX

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