News: VRL Village Roadshow Says As At 30 April, Net Debt Position $284 Mln

May 18 (Reuters) - Village Roadshow Ltd (VRL) :

• EXPECTS CAPEX IN FY21 WILL BE PREDOMINATELY MAINTENANCE CAPITAL EXPENDITURE IN BOTH VILLAGE CIRCUIT AND EVENT MANAGED SITES
• EXPECTS UNDERLYING OPERATING CASH COSTS NET OF JOBKEEPER SUBSIDY TO BE BETWEEN $10-15 MILLION PER MONTH
• EXPECTS UNDERLYING OPERATING CASH COSTS NET OF JOBKEEPER SUBSIDY TO BE BETWEEN $10-15 MILLION PER MONTH
• EXPECTS A NET DEBT POSITION OF ABOUT $315 MILLION AT 30 JUNE 2020
• IN ADVANCED DISCUSSIONS WITH LENDERS TO INCREASE ITS DEBT FINANCING FACILITIES
• AS AT 30 APRIL, NET DEBT POSITION ABOUT $284 MILLION; SEES DEBT POSITION OF ABOUT $315 MILLION AT 30 JUNE
• UNDRAWN DEBT FACILITIES AT 30 APRIL $5 MILLION