Brief: Experience Says Secures New Corporate Debt Facility / Tropical Cyclone Jasper Operational Update

Experience

27/12/2023 24:36

Dec 27 (Reuters) - Experience  EXP.AX :
    * SECURES NEW CORPORATE DEBT FACILITY / TROPICAL CYCLONE
JASPER
OPERATIONAL UPDATE
    * ENTERED INTO A$42.7 MILLION SECURED CORPORATE DEBT
FACILITY WITH
COMMONWEALTH BANK OF AUSTRALIA
    * FACILITY REPLACES EXP'S EXISTING A$20 MILLION CORPORATE
DEBT
FACILITY DUE TO EXPIRE ON 31 MARCH 2025
    * TROPICAL CYCLONE JASPER OPERATIONAL UPDATE
    * FACILITY WILL PROVIDE ADDITIONAL WORKING CAPITAL, FUNDING
FOR
ORGANIC AND ACQUISITION GROWTH AND REFINANCING OF ITS DEBT
FACILITIES
    * ALSO NOTES THAT OPERATIONS HAVE RECOMMENCED POST IMPACT OF
TROPICAL CYCLONE JASPER
    * EXPECTS TO SEE CONTINUED VOLUME GROWTH INTO SECOND HALF OF
FY24

Source text for Eikon:  ID:nASX6ktrpP 
Further company coverage:  EXP.AX 

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