Duxton Water (ASX:D2O) said it had settled AU$121 million of its AU$121.3 million sale of 30,614 megalitres of high and general security water entitlements to the Australian Government, according to a Thursday filing with the Australian bourse.
The remaining AU$300,000 is expected to settle next week, the filing said.
Proceeds from the sale have been used primarily to repay AU$108 million in debt facilities, reducing the company's net loan-to-value ratio to about 3%, the filing added.
The balance will be used for tax obligations related to the sale and other operating expenses, the company said.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。