Yamana Gold completes $200 million financing deal

Yamana Gold completes $200 million financing deal

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.

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