SEMAFO Signs $120 Million Credit Facility - "SEMAFO Inc. (SMF.TO)(SMF.ST) announces that it has executed the previously announced $120 million credit facility ("Facility") with Macquarie Bank Limited ("Macquarie"). The Facility is repayable in quarterly repayments of $15 million, from first quarter of 2019 to fourth quarter of 2020. Proceeds from the Facility will be used for the construction of the Natougou project located in Burkina Faso. The Facility, which bears interest at LIBOR plus 4.75%, replaces the Corporation's previous $90 million credit facility, $30 million of which was repaid on March 3, 2016." More
- 03/30/16 | Item |

- Visit -