thl obtains bank approval for covenant amendments
Tourism Holdings Limited
Tel: +64 9 336 4299
The Beach House
Fax: +64 9 309 9269
Level 1, 83 Beach Road
www.thlonline.com
Auckland City
PO Box 4293, Shortland Street
Auckland 1140, New Zealand
23 May 2024
NZX | ASX | MEDIA RELEASE
TOURISM HOLDINGS LIMITED (thl)
THL OBTAINS BANK APPROVAL FOR COVENANT AMENDMENTS
On 6 May, as part of an update to FY24 earnings guidance, thl advised that, even though it was forecasting
to be compliant with its covenant assessments for the 30 June 2024 quarter, it would be engaging with its
banking syndicate to seek to amend the covenant package to better reflect current trading conditions.
thl now advises that it has received approval from its banking syndicate for the requested amendments to
covenants in relation to the 30 June 2024 quarter.
thl did not seek amendments to covenants for future quarters as it is forecasting greater tolerance in those
periods.
ENDS
Authorised by:
Cathy Quinn ONZM
Chair, Tourism Holdings Limited
For further information contact:
Media:
Grant Webster
thl Chief Executive Officer
Direct Dial: +64 9 336 4255
Mobile: +64 21 449 210
Investors and Analysts:
Amir Ansari
Manager – Strategy & Development; Company Secretary
Direct Dial:
+64 9 336 4203
Mobile: +64 21 163 8053
About thl (www.thlonline.com)
thl is a global tourism operator listed on the NZX and ASX (code: THL) and is the largest commercial RV rental operator in the world.
In New Zealand/Australia,
thl operates rental brands (Maui, Britz, Apollo, Mighty, Hippie, Cheapa Campa), manufacturing (Action
Manufacturing, Apollo), retail brands (Talvor, Kea, Winnebago, Adria, Coromal, Windsor), retail dealerships (RV Super Centre,
Apollo RV Sales, Kratzmann, George Day, Sydney RV, Camperagent, E-Camperco), travel technology (TripTech) and tourism
attractions (Kiwi Experience and the Discover Waitomo Group, which includes Waitomo Glowworm Caves, Ruakuri Cave, Aranui
Cave and The Legendary Black Water Rafting Co.). In North America,
thl operates the Road Bear RV, El Monte RV, CanaDream,
Britz and Mighty rental brands. In UK and Europe,
thl operates the Just go, Apollo and Bunk Campers rental brands.
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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