Aug 27 (Reuters) - Galaxy Resources Ltd GXY.AX :
* GALAXY RESOURCES - REACHED DEAL WITH A CONSORTIUM OF LENDERS TO ACQUIRE SENIOR SECURED LOAN FACILITY PROVIDED TO ALITA RESOURCES
* FACILITY WITH PRINCIPAL VALUE OF US$28.8 MILLION
* GALAXY WILL UTILIZE EXISTING CORPORATE DEBT FACILITIES TO FUND FACILITY ACQUISITION.
* TOTAL AMOUNT ASSIGNED AND PAID, INCLUDING ALL ACCRUED INTEREST, FEES AND COSTS WAS US$31.1 MILLION
* CONSORTIUM OF LENDERS LED BY FUNDS MANAGED BY TRIBECA INVESTMENT PARTNERS PTY