Brief: Hotel Property Investments Says Refinance Achieved Additional A$100 Million Debt Capacity
10/10/2024 11:32
Oct 10 (Reuters) - Hotel Property Investments Ltd
HPI.AX :
* REFINANCE ACHIEVED ADDITIONAL A$100 MILLION DEBT CAPACITY
* INCREASE IN FY25 DISTRIBUTION GUIDANCE TO AT LEAST 19.7 AU
CENTS
PER SECURITY
* REDUCTION IN OVERALL COSTS ACROSS ALL COMMON TERMS DEED
FACILITIES, RESULTING IN FORECAST SAVINGS OF A$1.1 MILLION PER
ANNUM
Further company coverage: HPI.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Hotel Property Investments
See all newsUBS upgrades Charter Hall Retail Reit to 'Buy' on forecast update
Brief: Charter Hall Retail REIT Says Bidder Now Holds Over 90% Of HPI Securities
Brief: Hotel Property Investments Says John White Resigned As MD And CEO
Brief: Hotel Property Investments Declares Final Distribution 3.3 AU Cents Per Stapled Security
Brief: Hotel Property Investments Posts H1 Net Income AUD 16.7 Million