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Eldorado Gold completes US$300 million senior second lien notes offering and US$450 million senior secured credit facility

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Eldorado Gold Corporation

On June 5, 2019, Eldorado Gold announced it had completed its offering of US$300 million aggregate principal amount of 9.5% senior second lien notes due 2024 and its previously announced US$450 million amended and restated senior secured credit facility. Eldorado will use the net proceeds from the sale of the Notes and US$200 million in term loan proceeds drawn under the Facility, together with cash on hand, to redeem its outstanding US$600 million 6.125% Senior Notes due December 2020, and to pay fees and expenses in connection with the foregoing, effective June 12, 2019.

A Fasken team led by John Torrey and Georald Ingborg, and including Frank Mariage, Félix Gutierrez, Nicolas Leblanc, Xavier Plamondon, Sarah Gingrich, Perry Feldman, David Ferris, KC Miu, Michael Coburn, Matthew Wilkins, Lisa Timmins, Nathalie Lauzier and Rosemary McCabe advised Eldorado Gold Corporation regarding this matter.



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