I like that the interest rate on our debt has been reduced down to just 2.5%p.a ... but i LOVE the last point!!!
The key amendments are as follows:
− The maturity date of the JARE facility is extended to 30 June 2030.
− The interest rate on the JARE facility is reduced to 2.5% per annum.
− There is a revised principal repayment schedule as set out in Annexure A, with minimal principal repayments until 31 December 2024. Voluntary repayments can be made at any time without penalty.
− The cash sweep mechanism is removed.
− The restriction on dividend payments is removed once the principal amount outstanding is reduced to US$60 million or less.
I like that the interest rate on our debt has been reduced down...
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Last
$7.14 |
Change
-0.200(2.72%) |
Mkt cap ! $6.673B | |||
| Open | High | Low | Value | Volume |
| $7.34 | $7.34 | $7.13 | $39.28M | 5.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1546 | $7.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.15 | 72361 | 6 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |