Austin Engineering Revises Debt Facility Terms

MT Newswires Live

2025/02/20

Austin Engineering (ASX:ANG) renewed and revised the terms of its finance facility with HSBC Bank Australia, increasing its overall size by AU$15 million and allowing a facility limit of roughly AU$57 million, according to a Wednesday filing with the Australian bourse.

The overall pricing remains unchanged, with the renewed facility term running to Nov. 30, 2026, subject to amortization, the filing said.

The facility was first entered into in August 2023, according to the filing.

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