Brief: Siteminder Revises Impact Of Its Exposure To Silicon Valley Bank

SiteMinder

15/03/2023 24:26

March 15 (Reuters) - Siteminder Ltd  SDR.AX :
    * REVISES IMPACT OF ITS EXPOSURE TO SILICON VALLEY BANK
    * NO LONGER EXPECTS ANY IMPACT TO ITS CASH HOLDINGS
    * WORKING WITH OTHER BANKS TO FURTHER BROADEN ITS BANKING
ARRANGEMENTS
    * RECEIVED CONFIRMATION FROM SVB THAT IT WILL HONOUR CO'S
US$20M
REVOLVING CREDIT FACILITY 

Source text for Eikon:  ID:nASX4yPdHf 
Further company coverage:  SDR.AX 

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