June 20 (Reuters) - Yancoal Australia Ltd YAL.AX
* Amended its sale and purchase agreement to acquire 100% of shares in Coal & Allied by accelerating payment of us$500 million deferred payments
* Yankuang has agreed to provide financial assurances to Rio Tinto (LON:RIO) in support of Yancoal transaction
* US$500 million of deferred payments will now be paid on completion of cna transaction
* Yancoal has agreed to waive its 'material adverse change' termination rights and nsw government approval condition precedent
* Yancoal intends to finance cna transaction through a capital raising
* Yankuang group member will provide a deposit of us$100 million pending completion of cna transaction
* US$500 million of deferred payments will now be paid on completion of cna transaction, increasing total amount payable by co on completion to US$2.45 billion Source text for Eikon: ID:nASX5p4J8n Further company coverage: YAL.AX
(bangalore.newsroom@thomsonreuters.com)