AFR: AYS could be seeking to reduce its debt due in 2020 by a capital raising

According to the AFR AYS could be seeking to reduce its debt due in 2020 by a capital raising

"Amaysim had bank facilities worth $138 million as at June 30, which were provided by Commonwealth Bank of Australia and Westpac. Borrowings were worth nearly $90 million on the company's balance sheet.
Its syndicated facility is due to mature on March 2020, which means it is probably about the time Amaysim is due to start thinking about refinancing. And a bit more equity in the equation could be helpful when it comes to talking to banks."

source: https://www.copyright link/street-talk/time-to-take-a-second-look-at-transformed-amaysim-20190221-h1bit7