BRIEF-First Quantum Minerals announces new $1.82 bln credit facility

Fri May 27, 2016 1:54pm EDT
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May 27 (Reuters) - First Quantum Minerals Ltd:

* First Quantum announces refinancing with improved financial covenants and amortization schedule

* New facility replaces existing $3 billion facility

* New $1.815 billion facility comprises $907.5 million loan facility, a $907.5 million revolving credit facility, maturing in December 2019

* New facility also incorporates an accordion feature to enable it to be increased to up to $2.2 billion at company's discretion Source text for Eikon: Further company coverage: