GDI Property Group Extends Tranche A Maturity of Syndicated Facility

MT Newswires Live

06/24

GDI Property Group (ASX:GDI) extended the maturity date of tranche A of its syndicated facility by two years to February 2029 from February 2027, while the maturity date of tranche B and all other material terms and conditions remain unchanged, according to an Australian bourse filing on Tuesday after market hours.

The facility has a total limit of AU$421.5 million, evenly split between tranche A and tranche B, with AU$343.3 million currently drawn, the filing added.

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