afg confirms current corporate funding facilit

19 December 2007
The Manager
ASX Ltd
20 Bridge Street
SYDNEY NSW 2000
Allco Finance Group (ASX: AFG) confirms current corporate funding facilities
In response to current market conditions, Allco Finance Group (Allco) reiterates that its current funding
facilities are sourced in the Australian domestic market and that Allco is not directly reliant on financing or
refinancing in the US debt markets.
Allco also wishes to confirm its current corporate debt facilities and their maturity dates. These are as
previously outlined at the announcement of Allco’s FY07 results and comprise:
1. $900 million senior debt facilities, maturing in September 2009;
2. $250 million senior debt facility, scheduled for refinancing in May 2008; and
3. $350 million term subordinated debt (Allco Notes: AFGHA), maturing November 2012.
Currently, Allco has cash and undrawn capacity under the above senior debt facilities of $314 million.
As at 30 June 2007, Allco’s shareholders funds totalled $2.2 billion.
Allco’s corporate gearing ratio based on the above (net debt / net debt + shareholders funds) is
approximately 35%.
For clarity, as at 30 June 2007, the total debt on Allco’s balance sheet was $6.1 billion, of which $5.5 billion
had limited recourse against the specific assets which it financed.
We actively manage our business in the context of our available funding facilities and current transactions
have committed bank funding in place, together with sufficient capacity under Allco’s above facilities to fund
Allco’s investments.
Yours sincerely
Tom Lennox
Company Secretary
For further information please contact:
Tim Dodd
Chief Financial Officer
Allco Finance Group
P: + 61 2 8916 7751
M: + 61 419 746 737
E: [email protected]