Brief: Enero Group Says Has $7.82 Mln Cash On Deposit At Silicon Valley Bank Through U.S.-Based Units

Enero

13/03/2023 24:37

March 13 (Reuters) - Enero Group Ltd  EGG.AX :
    * THROUGH U.S.-BASED UNITS, ENERO HAS US$7.82 MILLION CASH
ON
DEPOSIT AT SILICON VALLEY BANK
    * HOLDS CASH ON DEPOSIT OF A$44.1M IN OTHER FINANCIAL
INSTITUTIONS
OUTSIDE OF SVB, NOT IMPACTED BY THIS EXPOSURE AT MARCH 13
    * CONTINUES TO HAVE ADEQUATE LIQUIDITY AND REMAINS WELL
CAPITALISED

Source text for Eikon:  ID:nASX6j3Hxj 
Further company coverage:  EGG.AX 

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