EVT Increases Main Debt Facilities to AU$750 Million

MT Newswires Live

03/25

EVT (ASX:EVT) increased its three-year main debt facilities to AU$750 million from AU$650 million, according to a Wednesday filing with the Australian bourse.

The debt facilities include a AU$750 million revolving multi-currency loan arrangements and a AU$15 million credit support facility, the filing said.

Debt drawn under the new loan facilities now bears interest at the relevant benchmark reference rate plus a margin range of between 1.25% and 2% per year, compared with the range of 1.50% and 3.15% per year in 2023, per the filing.

The company's shares rose past 1% in recent Wednesday trade.

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