Australia's Ainsworth Game Technology soars on securing credit facility

Ainsworth Game Technology

19/02/2021 24:45

** Shares of Ainsworth Game Technology Ltd  AGI.AX  jump as
much as 17.3% to A$0.915, their highest since Nov. 23, 2018
    ** The gaming machine maker enters a five-year $35 mln
secured credit facility with U.S.-based Western Alliance
Bancorporation  urn:newsml:reuters.com:*:nFWN2KO1GL
    ** Co says majority of the proceeds from the facility have
been used to complete obligations under its prior revolving
credit facility with Australia and New Zealand Banking Group
 ANZ.AX  
    ** Stock posts its biggest intraday pct gain since Jan. 18
    ** As of last close, stock up 62.5% this year 

 (Reporting by Shriya Ramakrishnan in Bengaluru)
 ((Shriya.Ramakrishnan@thomsonreuters.com;))