Gowing Bros Secures AU$10.4 Million CBA Facility

MT Newswires Live

2025/09/05

Gowing Bros (ASX:GOW) has secured a binding and unconditional AU$10.4 million financing agreement with the Commonwealth Bank of Australia (ASX:CBA), according to a Friday Australian bourse filing.

The facility carries an 18-month term and is secured exclusively by the Sawtell Commons land subdivision, the filing said.

The funds will be allocated to civil works and council contributions to ready the lots at Sawtell for upcoming sales, the filing added.

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