Acrow Secures Expansion to Debt Facility with Westpac

MT Newswires Live
Yesterday

Acrow (ASX:ACF) said its debt facility with Westpac Banking (ASX:WBC) has been increased by AU$20 million to about AU$170 million, effective Thursday, according to a Friday filing with the Australian bourse.

The facility provides pro forma headroom of roughly AU$40 million after accounting for the AU$23 million acquisition consideration for Brand Australia and Above Scaffolding, the filing said.

Price (AUD): $1.05, Change: $+0.010, Percent Change: +0.96%

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