Aug 31 (Reuters) - Slater & Gordon Ltd SGH.AX
* Entered into an amended binding restructure support deed with 100% of its secured senior lenders in relation to a recapitalisation of co
* Senior lenders have committed to increase company's existing a$40m working capital by a further a$50m
* Directors continue to hold view that current levels of bank debt materially exceed total enterprise value
* Company's directors unanimously support revised terms of recapitalisation
* On implementation of senior lender scheme, senior lenders will be issued with approximately 95% of equity of co
* Additional funding will comprise an a$25 million aud denominated tranche and a gbp-equivalent a$25 million denominated tranche
* All uk operations and uk subsidiaries will be separated from company and transferred to a new uk holding company
* Directors unanimously support entry into rsd and proposed terms of recapitalisation
* Existing shareholders will hold approximately 5% of company post recapitalisation