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News: DCG Decmil Group Says Wins A$98 Mln Contract Award

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    29/06/22
    12:05
    Post #: 62269873

    June 29 (Reuters) - Decmil Group Ltd (DCG) :

    • WINS A$98 MILLION CONTRACT AWARD
    • AWARDED SECOND PHASE OF ALBANY RING ROAD PROJECT BY MAIN ROADS WESTERN AUSTRALIA
    • REVISED ITS DEBT ARRANGEMENTS WITH PURE ASSET MANAGEMENT AND FRANCO GROUP-CONTROLLED HORLEY PTY
    • REVISION TO DEBT ARRANGEMENTS TO REDUCE COUPON RATE AND EXTEND LOAN MATURITY
    • MODIFIED DEBT FACILITY WILL REDUCE COUPON RATE FROM 11.0% TO 10.0% & TERMS OF LOANS HAVE BEEN EXTENDED BY SIX MONTHS TO JULY 2025
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