PNV 9.28% $2.59 polynovo limited

They said that "$3m of the proceeds will be used to reduce debt•...

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    They said that "$3m of the proceeds will be used to reduce debt• Balance of proceeds for working capital"

    Will this reduction be a permanent one? That is, is it going to represent a retirement of debt, in which case the $3m will no longer be available?
 
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