Brief: Decmil Group Says Wins A$98 Mln Contract Award

Decmil

29/06/2022 03:00

June 29 (Reuters) - Decmil Group Ltd  DCG.AX :
    * WINS A$98 MILLION CONTRACT AWARD
    * AWARDED SECOND PHASE OF ALBANY RING ROAD PROJECT BY MAIN
ROADS
WESTERN AUSTRALIA
    * REVISED ITS DEBT ARRANGEMENTS WITH PURE ASSET MANAGEMENT
AND
FRANCO GROUP-CONTROLLED HORLEY PTY
    * REVISION TO DEBT ARRANGEMENTS TO REDUCE COUPON RATE AND
EXTEND
LOAN MATURITY
    * MODIFIED DEBT FACILITY WILL REDUCE COUPON RATE FROM 11.0%
TO
10.0% & TERMS OF LOANS HAVE BEEN EXTENDED BY SIX MONTHS TO JULY
2025

Source text for Eikon:  ID:nASX7Gx5T7 
Further company coverage:  DCG.AX 

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