Australia's Emeco Holdings hits over 5-1/2-year high on $232 million debt facility

Emeco Holdings

28/11/2025 03:06

** Shares of Emeco Holdings EHL.AX rise as much as 3% to A$1.38, their highest level since early March, 2020

** Mining services provider finalises 5-year A$355 million ($232.03 million) debt facility maturing in December 2030

** Facility to be used to cover firm's A$250 million Australian medium term notes (AMTN) maturing in July 2026

**EHL currently on track for three consecutive weekly sessions of gains and is set for its strongest weekly gain since mid-September

**Stock up 50.3% YTD, including the day's moves

($1 = 1.5300 Australian dollars)

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))