SIERRACIN <SER> PAYS DEBT, GETS NEW LOAN PACT
Sierracin Corp said it completed
the repayment of its entire 14 mln dlr bank debt and entered a
new, unsecured revolving credit term loan agreement.
    The new arrangement provides for borrowings of up to 10 mln
dlrs at the bank's prime rate and replaces a secured credit
line which expired in February, Sierracin also said.
 Reuter
