Brief: Beforepay Secures A$55 Mln, 3-Year Debt Facility
18/10/2023 11:24
Oct 18 (Reuters) - Beforepay Group Ltd B4P.AX :
* BEFOREPAY SECURES A NEW A$55 MILLION, 3-YEAR DEBT FACILITY
* NEW DEBT FACILITY WILL BE USED TO REFINANCE EXISTING DEBT
FACILITY WITH LONGREACH AND SUPPORT GROWTH IN BEFOREPAY'S LOAN
BOOK
* BEFOREPAY FINANCE ENTERED INTO DEBT FACILITY AGREEMENT
WITH
BALMAIN GROUP AND LONGREACH CREDIT INVESTORS AS LENDERS
* FACILITY EXPIRES 15 OCTOBER 2026
Source text for Eikon: ID:nASX4MSZRd
Further company coverage: B4P.AX
((Reuters.Briefs@thomsonreuters.com;))
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