May 22 (Reuters) - GTN Ltd GTN.AX :
* IT HAS REFINANCED ITS EXISTING BANK FACILITY THAT WAS SET TO EXPIRE 21 FEB 2021
* TOTAL COMMITMENT HAS BEEN REDUCED FROM $75 MILLION TO $60 MILLION
* NOT IN POSITION TO FORECAST FY20 RESULTS
* DOES NOT EXPECT TO UNDERTAKE ANY OTHER CAPITAL RAISING IN FORESEEABLE FUTURE
* IMPACT ON CO'S REVENUE FROM COVID-19 PANDEMIC IN Q4 FY20 HAS BEEN SUBSTANTIAL
* NEW FACILITY ALLOWS VIBURNUM OR ITS AFFILIATES TO ACQUIRE UP TO 30% STAKE IN CO