Centerra Gold Extends Its Existing US$150 Million Revolving Credit Facility With the European Bank for Reconstruction

TORONTO, ON , Dec 19, 2014 (Marketwired via COMTEX) Centerra Gold Inc. (TSX: CG) announced today it has extended its existing US$150 million revolving credit facility (the Facility ) with the European Bank for Reconstruction and Development ( EBRD ) until February 17, 2016, on the same terms as the existing facility, LIBOR plus 2.9%. Ian Atkinson, President and CEO of Centerra, commented, We are very pleased to extend this facility with EBRD and to continue our partnership with them. While Centerra has a strong balance sheet and we generate significant operating cash flow, we feel it is important to have the added financial flexibility that a corporate revolving credit facility gives us. Riccardo Puliti, Managing Director of Energy and Natural Resources at EBRD, remarked, We are pleased to continue working with Centerra and support its investments in EBRD countries of operations, including the Kyrgyz Republic. For close to 20 years EBRD has invested and supported the sustainable and t
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