(Recasts; adds detail on existing facility, Li & Fung deal and updates share price)

* Q4 loss $1.17 cents vs Street's 66 cents

* Obtains $150 mln loan facility with Aeon

* Inks initial pact with Hong Kong's Li & Fung

* Shares fall 15 pct after gaining 17 pct in normal trade

By Alexandria Sage

SAN FRANCISCO, April 13 (Reuters) - Talbots Inc's (TLB.N: Quote, Profile, Research) deeper-than-expected quarterly loss and staid sales projections sent its shares diving 15 percent after the closing bell on Monday, overshadowing news of a new $150 million loan facility that the women's apparel retailer says will boost liquidity.

The new facility, secured through majority owner Aeon Co Ltd (8267.T: Quote, Profile, Research) of Japan, will help the company "navigate through these most turbulent times", Chief Executive Trudy Sullivan said in a statement.

Loss-making Talbots, trying to engineer a turnaround through cost-cuts and new designs, also said it had signed a letter of intent with Li & Fung Ltd (0494.HK: Quote, Profile, Research) to explore the possibility of enlisting the Hong Kong-based sourcing giant as its primary sourcing agent.