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Mountain Province Diamonds Announces US$33.0 million Term Loan
TSX and OTCQX: MPVD Mountain Province Diamonds Inc. today announces that it has amended and restated its credit agreement with Dunebridge Worldwide Ltd. as lender, adding a US$33.0 million term loan facility to its existing US$25.0 million revolving credit facility . The Term Facility bears interest at a fixed rate of 10.0% per annum, payable monthly. In addition, a flat 5.0% fee is payable on each advance made … TSX and OTCQX: MPVD
Mountain Province Diamonds Inc. (“Mountain Province” or the “Company”) (TSX: MPVD) (OTCQX: MPVD) today announces that it has amended and restated its credit agreement (the ” Transaction “) with Dunebridge Worldwide Ltd. (” Dunebridge “), as lender, adding a US$33.0 million term loan facility (the ” Term Facility “) to its existing US$25.0 million revolving credit facility (the ” Revolving Facility “).
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