Mountain Province Diamonds Inc. announced the extension by six months of its US$25M Revolving Credit Facility with Dunebridge Worldwide Ltd, and the full repayment of its US$35M term loan.
As a condition of the extension, the company has made an US$11.5M payment towards the US$33M term loan announced on May 12, 2021.
This payment brings the balance of the term loan to zero ahead of the term loan maturity date of December 31, 2021.
Alex Shishlo for Rough&Polished
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