Brief: Close The Loop Announces Sale Of ISP TEK Services For $10 Million
20/05/2026 07:08
May 20 (Reuters) - Close The Loop Ltd CLG.AX: SALE OF ISP TEK SERVICES FOR US$10 MILLION SEES EBITDA GUIDANCE FOR FY27 IN RANGE OF A$14M TO A$16M PROCEEDS FROM TRANSACTION, OTHERS, TO BE USED TO RETIRE APPROXIMATELY $16 MILLION OF OUTSTANDING DEBT IS IN ADVANCED DISCUSSIONS WITH POTENTIAL FINANCIERS LENDERS TO REFINANCE CO'S RESIDUAL DEBT FACILITIES OF US$19.5 MILLION Further company coverage: CLG.AX ((Reuters.Briefs@thomsonreuters.com;))
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