Sept 15 (Reuters) - Pilbara Minerals Ltd PLS.AX :
* FORMAL AGREEMENTS FOR US$110M SENIOR SECURED DEBT FACILITY EXECUTED WITH BOTH BNP PARIBAS & CLEAN ENERGY FINANCE
* PROCEEDS FROM FINANCE FACILITY WILL BE USED TO REDEEM OUTSTANDING BALANCE OWING UNDER EXISTING US$100M NORDIC BOND
* SUBSTANTIAL COST SAVINGS ARE EXPECTED FROM FINANCE FACILITY WHEN COMPARED TO NORDIC BOND
* AGREEMENTS EXECUTED ALSO INCLUDE RENEWAL OF US$15M WORKING CAPITAL FACILITY WITH BNP PARIBAS
* FINANCE FACILITY ALSO INCLUDES AN EXTENSION OF UNDRAWN US$15M WORKING CAPITAL FACILITY WITH BNP PARIBAS