May 16, 2017 / 6:13 AM / 5 months ago

BRIEF-SNC-Lavalin adjusts funding arrangement in WS Atkins offer

May 16 (Reuters) - Snc-lavalin Group Inc

* Offer update

* As noted in offer announcement, part of consideration for offer is to be funded from syndicated credit facility and a term loan agreement

* Snc-Lavalin has amended and restated syndicated credit facility and term loan agreement into a single agreement

* Amended and restated syndicated credit facility agreement) containing a committed revolving credit facility of c$2,750,000,000, a committed term facility of £300,000,000 and a new c$2,500,000,000 uncommitted credit facility

* Bridge facility agreement has been terminated and will be removed from snc-lavalin and atkins websites

* Syndicated credit facility agreement and term loan agreement will also be removed from snc-lavalin and atkins websites and will be replaced by amended and restated syndicated credit facility agreement Source text for Eikon: Further company coverage:

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