BRIEF-Turquoise Hill Announces Amendment To Comprehensive Financing Arrangement With Rio Tinto

May 18 (Reuters) - Turquoise Hill Resources Ltd (TRQ):

* TURQUOISE HILL ANNOUNCES AMENDMENT TO COMPREHENSIVE FINANCING ARRANGEMENT WITH RIO TINTO

* TURQUOISE HILL RESOURCES (TRQ) - AMENDMENT INCLUDES TO PROVIDE INTERIM DEBT FUNDING FROM RIO TINTO TO ADDRESS CO'S NEAR-TERM ESTIMATED FUNDING REQUIREMENTS

* TURQUOISE HILL RESOURCES LTD (TRQ) - AMENDMENT TO EXTEND DATE BY WHICH TURQUOISE HILL IS REQUIRED TO RAISE ADDITIONAL EQUITY CAPITAL

* TURQUOISE HILL RESOURCES (TRQ) - SPECIAL COMMITTEE WILL CONTINUE TO CONSIDER CO'S LIQUIDITY NEEDS & FINANCING OPTIONS, INCLUDING POTENTIAL EQUITY OFFERINGS

* TURQUOISE HILL - FUNDING HOA DOES NOT PROHIBIT CO FROM RAISING ADDITIONAL CAPITAL BY WAY OF EQUITY OFFERING, INCLUDING PENDING CONSIDERATION OF PROPOSAL

* TURQUOISE HILL RESOURCES (TRQ) - RIO TINTO HAS ADVISED SPECIAL COMMITTEE THAT, SHOULD CO PROCEED WITH EQUITY OFFERING, RIO TINTO INTENDS TO WITHDRAW PROPOSAL

* TURQUOISE HILL - RIO TINTO HAS ADVISED THAT IF CO PROCEEDS WITH EQUITY OFFERING, RIO TINTO INTENDS TO EXERCISE PREEMPTIVE RIGHTS TO MAINTAIN PRO RATA INTEREST

* TURQUOISE HILL - AMENDMENT INCLUDES EXTENSION OF DATE BY WHICH CO SHALL HAVE CONDUCTED EQUITY OFFERINGS FOR PROCEEDS OF AT LEAST US$650 MILLION TO DEC 31, 2022

* TURQUOISE HILL - COMMITMENT BY RIO TINTO TO GIVE SHORT-TERM BRIDGE FINANCING DIRECTLY TO CO OF UP TO US$400 MILLION EXPECTED TO BE MADE AVAILABLE IN COMING WEEKS Source text for Eikon: Further company coverage: