NZME extends term of bank facilities
NZME Limited. 2-4 Graham Street, Private Bag 92198, Victoria Street West, Auckland.
1
MARKET ANNOUNCEMENT
NZME extends term of bank facilities
AUCKLAND, 12 December 2022: NZME Limited (NZX: NZM, ASX: NZM) (“NZME”) is
pleased to announce that it has agreed terms to extend its existing debt facilities to 31
January 2026. The current terms of the facilities with Westpac New Zealand Limited and
Commonwealth Bank of Australia were due to expire on 1 July 2023.
The new facilities limit of $50m is the same as the previous facilities and provides the
Company committed access to funding for the next three years. This provides significant
headroom over the current net debt position.
ENDS
Authorised by Michael Boggs, Chief Executive Officer.
For further information:
Investors
David Mackrell
Chief Financial Officer
+64 21 311 911
david.mackrell@nzme.co.nz
Media
Kelly Gunn
GM Communications
+64 27 213 5625
kelly.gunn@nzme.co.nz
12 December 2022
FOR IMMEDIATE RELEASE
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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