Nov 4 (Reuters) - Billabong International Ltd BBG.AX :

* Announces that a $300 million tranche of 6 year senior secured term loan of $360 million provided by entities affiliated with centerbridge partners, l.p. and oaktree capital management, l.p

* Proceeds of the funding were applied to repay in full the $294 million bridge loan facility from the Altamont Consortium

* Announces that it has entered an agreement to sell its Canadian retail chain, West 49, to YM Inc

* As part of the sale the two parties have also entered into an initial two-year supply agreement

* YM will purchase the 92 West 49 retail stores across Canada for approximately C$9 to 11 million

* Has also entered into an approximately C$34 million non-exclusive wholesale agreement with YM over the next two years

* Source text for Eikon ID:nWNBS007LE

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