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Lynas shares advance on deal with lenders

By:  
Creamer Media Senior Deputy Editor: Australasia
 
RARE EARTHS
The share price of ASX-listed Lynas advanced to a one-month high on Wednesday after the company announced planned amendments to its debt facilities with JARE and convertible bondholders. Lynas, which also published its quarterly production report, stated that it planned to extend the terms of both debt facilities by about two years, with the JARE facility maturing in June 2020 and the convertible bond facility maturing in September of the same year.
 
 
 
 
 

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