FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


HSBC Canada Agents Eldorado Gold’s $250MM Credit Facility Amendment

June 14, 2016, 07:22 AM
Filed Under: Metals and Mining

Eldorado Gold Corporation announced that the company has renewed its revolving credit facility. The amended and restated credit agreement includes available credit of U.S.$250 million, an accordion feature of U.S.$100 million, and an extension of the term to June 13, 2020 from November 23, 2016.

The terms of the amended facility are favorable to the company and consistent with current market standards.  HSBC Securities (USA) Inc. is lead arranger and sole bookrunner.  Lenders include HSBC Bank USA, N.A., JP Morgan Chase Bank N.A., Bank of America N.A., and Export Development Canada.  HSBC Bank Canada will act as administrative Agent for the lenders.

Eldorado is a leading low cost gold producer with mining, development and exploration operations in Turkey, China, Greece, Romania and Brazil.

Week's News

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.