09:54 AM EST - Paladin Energy Ltd : has entered into agreements with its lenders to refinance the Langer Heinrich and the Kayelekera project finance facilities. This new facility will provide significant cash flow benefits to both projects and leaves Paladin in a much stronger financial position. As shown below, the annual principal repayments across both projects will be reduced from $53.8 million U.S. per annum to $18.3 million U.S. per annum in calendar year 2014, a substantial reduction of $35.5 million U.S., with the first repayment not due until June 2014. Paladin Energy Ltd
shares T.PDN are trading up $0.06 at $0.55.
