 VANCOUVER, British Columbia, Aug. 26, 2021 GLOBE NEWSWIRE -- Eldorado Gold Corporation Eldorado, the Company or We today announces it has completed its offering of US500 million aggregate principal amount of 6.250 senior notes due 2029 the Notes. Eldorado will use the net proceeds from the sale of the Notes to redeem its outstanding US234 million 9.500 Senior Secured Second Lien Notes due June 2024 effective September 9, 2021, to repay all amounts outstanding under its existing term loan facility, to repay all amounts outstanding under its existing revolving credit facility, to pay fees and expenses in connection with the foregoing, and for general corporate purposes. Eldorado has obtained the requisite consent of its lenders for the sale of the Notes under the Third Amended and Restated Credit Agreement dated as of May 13, 2019 among the Company, as borrower, and HSBC Bank Canada, as administrative agent, among others. 