Yamana Gold completes $200 million financing dealadmin
Yamana Gold Inc. said Wednesday it has completed a financing deal, securing an additional $200 million in revolving credit.
Including a $300 million revolving credit facility, the Toronto-based gold producer said it now has $500 million of available credit under revolving credit lines. Of that, about $250 million has not been tapped.
Yamana said it has about $500 million in cash and immediate and unused credit availability for corporate purposes.
Shares rose 3 cents to $6.79 in morning trading.