ELD 0.94% $8.47 elders limited

Ann: Elders Agrees Refinancing Terms, page-2

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  1. 997 Posts.
    lightbulb Created with Sketch. 160
    Not the best time to be refinancing debt facilities at the peak of the interest rate cycle.
    Perhaps they need the extra cash to pay Mr Allison.

    The Rabobank facility (increased by $50M) is not the cheapest way to fund your receivebles.

    Finance costs increased 56% HY24. Will this increase increase further?

    https://hotcopper.com.au/data/attachments/6183/6183495-7879caf7836a9b0a9006801fc4026e0c.jpg
 
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