Tahoe Resources Inc. announced that the Company has entered into an Amended and Restated Credit Agreement  with a syndicate of lenders to increase its revolving credit facility from $150 million to $300 million with a $50 million accordion feature and to extend the term to July 19, 2021.

The Agreement includes terms that limit borrowing to a maximum of $75 million during the period of suspension of the mining license at Escobal as a result of the CALAS claim in Guatemala, as further described in the Company's July 5, 2017 press release.  In the event the Company's mining license at Escobal remains suspended as of April 1, 2018, an Event of Default shall occur. Other terms and conditions are substantially similar to those in the previous $150 million credit facility.  The facility under the Agreement is intended to be used for liquidity and general corporate purposes.

"We are extremely pleased to have the on-going support of our lenders while we work through the legal process in Guatemala," said Ron Clayton, President & CEO.  "While we do not anticipate the need to draw on the credit facility in the near future, it provides additional liquidity to support our operations."

The Bank of Nova Scotia acted as Administrative Agent, Joint Bookrunner, Co-Lead Arranger and Issuing Bank, and HSBC Securities (USA) Inc. acted as Co-Lead Arranger and Joint Bookrunner.  The lending syndicate is comprised of The Bank of Nova Scotia, HSBC Securities (USA) Inc., Bank of Montreal, Royal Bank of Canada, Canadian Imperial Bank of Commerce, The Toronto-Dominion Bank and National Bank of Canada.