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...
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.41 |
Change
0.040(0.63%) |
Mkt cap ! $5.991B | |||
| Open | High | Low | Value | Volume |
| $6.45 | $6.49 | $6.40 | $13.34M | 2.079M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13384 | $6.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.42 | 13471 | 2 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |