Detour Gold Arranges US$500 Million Bank Debt Facility
TORONTO, ONTARIO--(Marketwired - July 10, 2017) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") announces today that it has concluded its negotiations with its existing bank group on a US$500 million Senior Secured Credit Facility (the "Bank Facility") comprised of a US$300 million Revolving Credit Facility for a tenor of four years and a US$200 million Term Loan for a tenor of three years. The Bank Facility will replace the Company's current CDN$135 million Senior Secured Credit Facility upon closing, anticipated to occur later this week.