BRIEF-Resolute enters into new credit facilities

Wed Sep 7, 2016 5:07pm EDT
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Sept 7 (Reuters) - Resolute Forest Products Inc

* Enters into new credit facilities

* Says has entered into a new senior secured credit agreement with an aggregate lender commitment of up to $185 million

* Credit agreement is comprised of a $46.25 million nine-year term loan and a $138.75 million six-year revolving credit facility

* To use proceeds of new credit facilities to repay most of current balance on its existing ABL revolving credit facility Source text for Eikon: Further company coverage: