News: BSE Base Resources To Repay $215 Mln Kwale Project Debt Facility On Oct. 9

Oct 1 (Reuters) - Base Resources Ltd (BSE) :

• BASE RESOURCES LTD - TO REPAY $215 MILLION KWALE PROJECT DEBT FACILITY ON 9 OCT AFTER DELIVERY OF IRREVOCABLE NOTICE OF PREPAYMENT
• BASE RESOURCES - PROJECT DEBT FACILITY TO BE REPAID FROM CASH RESERVES & EXISTING REVOLVING CREDIT FACILITY AFTER CONCURRENT RCF INCREASE TO $75 MILLION
• BASE RESOURCES LTD - RCF TENOR EXTENDED BY 18 MONTHS TO 31 DECEMBER 2021
• BASE RESOURCES - AFTER REPAYMENT OF PROJECT DEBT FACILITY, OUTSTANDING BALANCE OF RCF WILL BE ABOUT $49 MILLION & GROUP'S NET DEBT WILL BE ABOUT $33 MILLION