Tian An Australia Says AU$200 Million Oasis Star Loan Facility to be Interest-Free

MT Newswires Live

2025/01/15

Tian An Australia (ASX:TIA) said Oasis Star agreed to amend its current loan facility of AU$200 million with Tian An to be interest-free from May 23, 2024, until the loan facility expires on Dec. 31, 2027, according to a Wednesday Australian bourse filing.

The company's forecast annual interest expense relating to this facility is about AU$10 million per annum, the filing said. It is expected to save about AU$6 million for 2024.

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It is expected to save about AU$6 million for 2024.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XKO.AU","symbol_name":"標普/澳交所 300指數","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2503695706","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2503695706","pubTimestamp":1736921628,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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