Brief: MAAS Group Says Got Credit Approval From Australian Banking Group

MAAS group

25/11/2022 01:09

Nov 25 (Reuters) - MAAS Group Holdings Ltd  MGH.AX :
    * GOT CREDIT APPROVAL FROM ITS AUSTRALIAN BANKING GROUP FOR
INCREASE IN ITS AUSTRALIAN DEBT FACILITIES TO A$600 MILLION
    * RETAINS CONSENT OF ITS AUSTRALIAN BANKING GROUP TO SOURCE
SEPARATE COMMERCIAL PROPERTY FUNDING OF UP TO A$200 MILLION IN
AGGREGATE
    * CURRENT UTILIZATION OF COMMERCIAL PROPERTY DEVELOPMENT
FACILITIES ABOUT A$18 MILLION
    * FURTHER A$182 MILLION OF POTENTIAL FUNDING AVAILABLE TO CO
WRT
DEVELOPMENT OF ASSETS WITHIN COMMERCIAL PROPERTY DEVELOPMENT
PIPELINE.

Source text for Eikon:  ID:nASX9cGdqP 
Further company coverage:  MGH.AX 
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