Brief: Mpower Group Says Oceania Capital Partners Takes 14.5% Stake In Mpower

MPR Australia

09/08/2023 02:15

Aug 9 (Reuters) - Mpower Group Ltd  MPR.AX :
    * OCEANIA CAPITAL PARTNERS  TAKES A 14.5% STAKE IN MPOWER
AND
EXTENDS NEW A$1.8 MILLION CORPORATE DEBT FACILITY
    *  REFINANCE DELIVERS A ONE-TIME FINANCIAL BENEFIT OF A$2.8
MILLION TO COAND REMOVES SHORT-TERM DEBT OVERHANG
    * REPLACES EXISTING A$4.5 MILLION ST GEORGE BANK DEBT

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 ((Reuters.Briefs@thomsonreuters.com;))