Daily News: November 8, 2012

Harry Winston Diamond Adds $40MM to Refinanced Credit Facility


Harry Winston Diamond Corporation announced that its luxury brand subsidiary, Harry Winston Inc., has completed the syndication of its existing senior secured revolving credit facility by adding US$40 million to its recently completed US$260 million secured five-year credit agreement.

The amended facility of US$300 million has no scheduled repayments required prior to the maturity date, which remains August 30, 2017. There were no changes to the existing credit agreement covenants, interest rates, borrowing base or maturity date.

Harry Winston Diamond Corporation is a diamond enterprise with premium assets in the mining and retail segments of the diamond industry.

Previously on abfjournal.com:

Standard Chartered Completes $260MM Facility for Harry Winston, Tuesday, September 04, 2012