LPE 8.00% 13.5¢ locality planning energy holdings limited

Ann: Debt Facility Terms Signed, page-2

  1. 149 Posts.
    Locality Planning Energy Holdings Limited (ASX: LPE) (the Company) announces that the Company has
    signed terms for debt facilities with Moneytech Finance Pty Ltd.

     Debtor Finance Facility $5m – a revolving line of credit to assist with the group’s regular cash flow
    requirements that will also enable director and other loans (totalling $1.3m) to be repaid.

     Asset Based Facility – to fund the cost of capital items required to establish electricity supply services for
    LPE Communities. This facility amount is unlimited with usage dependent on the number of
    Communities brought Under Management via installations contracted by LPE.
 
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