Eldorado Gold Corporation entered into a credit facility of up to US$280,000,000 with Canadian Imperial Bank of Com-merce, as administrative agent and joint bookrunner, HSBC Bank USA, N.A., as issuing bank and HSBC Securities (USA) Inc., as sole lead arranger and joint bookrunner. Other lenders include Citibank, The Bank of Nova Scotia and Bank of America.
Any funds to be drawn under this facility are intended to be used for growth opportunities in line with Eldorado's stra-tegic plan and for general corporate purposes.
Eldorado was represented by a Fasken Martineau DuMoulin LLP team led by John Torrey and including Josh Lew-is, Lata Casciano and KC Miu in Vancouver and David Ferris in Toronto.
The lenders were represented by a Blake, Cassels & Graydon LLP Toronto team led by Mike Harquail and including George Yannopoulos and David Kramer.