Harmoney Secures AU$15 Million Debt Facility With 'Big-4' Bank; Shares Up 16%

MT Newswires Live
2025/12/04

Harmoney (ASX:HMY) has entered into a AU$15 million revolving corporate debt facility with one of Australia's "Big-4" banks, aiming to accelerate its loan book expansion and support broader corporate initiatives, according to a Thursday filing with the Australian bourse.

The new facility refinances its previous AU$22.5 million debt at a lower margin, with the company using surplus cash flows to repay AU$7.5 million of the outstanding debt, per the filing.

The three-year facility features standard financial covenants and is not associated with any equity or convertible components, the filing added.

The company's shares soared 16% in recent Thursday trade.

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