MWY midway limited
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News: MWY Midway Says NAB To Extend Term Debt Facility Until Sept. 2022

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    10/06/20
    08:45
    Post #: 45126564

    June 10 (Reuters) - Midway Ltd (MWY) :

    • NAB AGREED TO REVISE COMPANY'S OPERATING LEVERAGE BANKING COVENANT, INCREASE SHORT-TERM WORKING CAPITAL FACILITY
    • NAB AGREED TO EXTEND ITS TERM DEBT FACILITY UNTIL SEPTEMBER 2022
    • FOLLOWING REVISED BANKING ARRANGEMENTS, NOT ANTICIPATED THAT CO WILL NEED TO RAISE EQUITY TO SUPPORT ITS BALANCE SHEET
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