BRIEF-Lightstream announces proposed recapitalization transaction

Wed Jul 13, 2016 1:51am EDT
 
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July 13 (Reuters) - Lightstream Resources Ltd :

* Lightstream announces proposed recapitalization transaction

* Proposed recapitalization will reduce co's overall debt by about $904 million in principal

* Proposed recapitalization will reduce cash interest payments by over $86.1 million per year Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)