News: SEK Seek Ltd Sees FY EBITDA Of About A$410 Mln

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    June 22 (Reuters) - Seek Ltd (SEK) :

    • IMPAIRMENT OF ASSETS IN FY20: NON-CASH IMPAIRMENT CHARGE OF A$190M TO A$230M
    • SEES FY20 REVENUE OF ABOUT A$1,575MLN
    • SEES FY EBITDA APPROXIMATELY A$410M
    • ANNOUNCING A TENDER AND CONSENT SOLICITATION OFFER TO EXISTING HOLDERS OF SEEK'S A$175M APRIL 2022 SENIOR GUARANTEED FLOATING RATE NOTES
    • WILL RECOGNISE A REPORTED NPAT LOSS IN FY20 DUE TO EXPECTED NON-CASH IMPAIRMENT CHARGE
    • AS AT 31 MAY HAD GROUP NET DEBT OF ABOUT A$932MLN
    • KEY COVENANT LIMITS INCREASED IN SENIOR SYNDICATED DEBT FACILITY THROUGH TO JUNE 2021
    • IMPAIRMENT TO BE RECOGNISED AGAINST CARRYING VALUE OF BRASIL ONLINE, OCC MUNDIAL, 4 MINORITY EARLY STAGE INVESTMENTS
    • MAKING AN OFFER TO HOLDERS OF A$175 MILLION FLOATING RATE SENIOR NOTES TO TENDER THEIR SENIOR NOTES FOR CO TO PURCHASE FOR CASH
    • WILL FUND OFFER VIA COMBINATION OF CO'S EXISTING SENIOR SYNDICATED DEBT FACILITY & AVAILABLE CASH BALANCES
 
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Last
$24.14
Change
-0.150(0.62%)
Mkt cap ! $8.623B
Open High Low Value Volume
$24.00 $24.25 $23.71 $57.26M 2.382M

Buyers (Bids)

No. Vol. Price($)
2 959 $24.12
 

Sellers (Offers)

Price($) Vol. No.
$24.15 483 1
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