Murray Cod Australia Signs AU$43 Million Funding Deal With Westpac

MT Newswires Live

Dec 16, 2024

Murray Cod Australia (ASX:MCA) signed a AU$43 million funding deal with Westpac Banking Corporation (ASX:WBC, NZE:WBC) with a maturity of three years, according to a Monday filing with the Australian bourse.

The deal consists of a AU$30 million term loan facility, a AU$10 million overdraft facility, and a AU$3 million equipment finance facility, the filing stated. The term loan and overdraft facilities will be secured with a mortgage over land and water interests of the MCA Group.

Funds will be used to refinance and settle the existing AU$20 million facility with iPartners, purchase a property adjoining the company's existing Bilbul site for AU$1 million, fund the completion of Stanbridge, and for other capital working requirements.

Westpac Banking's shares were up almost 1% in recent Monday trade in Australia.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2491636382"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2491636382\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2491636382?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-16 12:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2491636382","market":"fut","top_or_hot":-1,"title":"Murray Cod Australia Signs AU$43 Million Funding Deal With Westpac","media":"MT Newswires Live","content":"<html><body><p> Murray Cod Australia (ASX:MCA) signed a AU$43 million funding deal with <a href=\"https://laohu8.com/S/WBCPK.AU\">Westpac Banking Corporation</a> (ASX:WBC, NZE:WBC) with a maturity of three years, according to a Monday filing with the Australian bourse.</p><p>The deal consists of a AU$30 million term loan facility, a AU$10 million overdraft facility, and a AU$3 million equipment finance facility, the filing stated. The term loan and overdraft facilities will be secured with a mortgage over land and water interests of the MCA Group.</p><p>Funds will be used to refinance and settle the existing AU$20 million facility with iPartners, purchase a property adjoining the company's existing Bilbul site for AU$1 million, fund the completion of Stanbridge, and for other capital working requirements.</p><p>Westpac Banking's shares were up almost 1% in recent Monday trade in Australia.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Murray Cod Australia Signs AU$43 Million Funding Deal With Westpac</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMurray Cod Australia Signs AU$43 Million Funding Deal With Westpac\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2024-12-16 12:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Murray Cod Australia (ASX:MCA) signed a AU$43 million funding deal with <a href=\"https://laohu8.com/S/WBCPK.AU\">Westpac Banking Corporation</a> (ASX:WBC, NZE:WBC) with a maturity of three years, according to a Monday filing with the Australian bourse.</p><p>The deal consists of a AU$30 million term loan facility, a AU$10 million overdraft facility, and a AU$3 million equipment finance facility, the filing stated. The term loan and overdraft facilities will be secured with a mortgage over land and water interests of the MCA Group.</p><p>Funds will be used to refinance and settle the existing AU$20 million facility with iPartners, purchase a property adjoining the company's existing Bilbul site for AU$1 million, fund the completion of Stanbridge, and for other capital working requirements.</p><p>Westpac Banking's shares were up almost 1% in recent Monday trade in Australia.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7141","symbol_name":"包装食品与肉类","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2491636382","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491636382","pubTimestamp":1734324682,"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. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Murray Cod Australia (ASX:MCA) signed a AU$43 million funding deal with Westpac Banking Corporation (ASX:WBC, NZE:WBC) with a maturity of three years, according to a Monday filing with the Australian ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7141":"包装食品与肉类","WBC.AU":"WESTPAC BANKING CORPORATION","XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数","MCA.AU":"MURRAY COD AUSTRALIA LTD","XJO.AU":"标普/澳交所 200指数","BK7511":"ESG概念","BK7135":"综合性银行"},"translate_title":"Murray Cod Australia与西太平洋银行签署4300万澳元融资协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XAO.AU":1,"XKO.AU":1,"WBC.AU":1,"MCA.AU":0.9,"XJO.AU":1},"content_text":"Murray Cod Australia (ASX:MCA) signed a AU$43 million funding deal with Westpac Banking Corporation (ASX:WBC, NZE:WBC) with a maturity of three years, according to a Monday filing with the Australian bourse.The deal consists of a AU$30 million term loan facility, a AU$10 million overdraft facility, and a AU$3 million equipment finance facility, the filing stated. The term loan and overdraft facilities will be secured with a mortgage over land and water interests of the MCA Group.Funds will be used to refinance and settle the existing AU$20 million facility with iPartners, purchase a property adjoining the company's existing Bilbul site for AU$1 million, fund the completion of Stanbridge, and for other capital working requirements.Westpac Banking's shares were up almost 1% in recent Monday trade in Australia.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}