PAC 2.89% $10.76 pacific current group limited

Ann: H1 FY23 Results Presentation, page-3

  1. 3,553 Posts.
    lightbulb Created with Sketch. 477
    I forgot to ask this during the meeting.... but does the credit facility not allow them to draw down (and repay) as required, rather than pay interest while waiting to deploy?

    Seems poorly structured if that's the case.
 
watchlist Created with Sketch. Add PAC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.