The credit facility, which matures on 12 October 2015, is planned to be used for growth opportunities and for general corporate purposes.

Eldorado Gold president and CEO Paul Wright said funds from this corporate facility combined with Eldorado’s strong cash flow will enhance the company’s ability to implement growth initiatives in line with its strategic plan.

Eldorado is a gold producing, exploration and development firm with businesses in Turkey, China, Greece and Brazil.