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BRIEF-Golden Star Resources unit signs commitment letter for $25 mln secured loan facility with Ecobank Ghana
March 30, 2017 / 11:21 AM / 4 months ago

BRIEF-Golden Star Resources unit signs commitment letter for $25 mln secured loan facility with Ecobank Ghana

1 Min Read

March 30 (Reuters) - Golden Star Resources Ltd:

* Co's unit has signed a commitment letter for a $25 million secured loan facility with Ecobank Ghana Limited

* Golden Star Resources Ltd - Golden Star enters into financing facility

* Golden Star Resources Ltd - anticipates that any drawdowns from facility would be used for general working capital purposes

* Golden Star Resources- interest on amounts drawn under facility would be payable monthly at three month LIBOR plus a spread of 8.0% payable in arrears Source text for Eikon: Further company coverage:

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