Centerra Gold gets $150 million credit facility at Libor plus 290 bps

By Sara Rosenberg

New York, Nov. 16 - Centerra Gold Inc. closed on a new $150 million three-year revolving credit facility that is priced at Libor plus 290 basis points, according to a news release.

European Bank for Reconstruction and Development is the lender on the deal.

Proceeds will be used for general corporate purposes, including working capital, investments and acquisitions and capital expenditures.

Centerra is a Toronto-based gold mining company.

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