BRIEF-Semafo signs $120 mln credit facility

Wed Mar 30, 2016 8:40am EDT
 
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March 30 (Reuters) - Semafo Inc

* Signs $120 million credit facility

* Facility is repayable in quarterly repayments of $15 million, from Q1 of 2019 to Q4 of 2020

* Proceeds from facility will be used for construction of Natougou Project located in Burkina Faso

* Under terms of facility, incremental $60 million will be drawn down by June 30, 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)