July 3 (Reuters) - Western Areas Ltd WSA.AX :
* Western Areas now debt free
* Full repayment of A$125M of convertible bonds which results in the company being debt free for the first time since 2004
* Says bonds were repaid from existing cash reserves
* Says company's interest and financing charges will reduce by approximately A$12.5M in FY 2016
* Says company has in place a fully undrawn finance facility with anz bank of up to A$125M
* Source text for Eikon ID:nASX1XhGbm