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Tahoe Resources enters amended C$200 million revolver via Scotiabank
By Tali Rackner
Minneapolis, Feb. 20 – Tahoe Resources Inc. entered into an amended revolving credit facility on Feb. 16 for total access of C$200 million in capital, according to a press release.
The facility includes a C$175 million revolver and a C$25 million accordion feature.
The revolver matures on July 19, 2021 and replaces the company’s previous facility dated July 18, 2017.
The Bank of Nova Scotia acted as the administrative agent on the facility, and was also a co-lead arranger and joint bookrunner with HSBC Securities (USA) Inc.
Tahoe Resources is a Vancouver, B.C., operator of precious metals mines in the Americas.
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