RFG 1.49% 6.6¢ retail food group limited

For holders only - reasons to hold?, page-50

  1. 2,988 Posts.
    lightbulb Created with Sketch. 1136
    The financial covenant is in the 4th point you copied:
    Introduction of a financial covenant based on comparing actual quarterly underlying EBITDA performance to budget,with a 20% variance trigger

    They may not have a budget for this quarter, but the EBITDA budget is basically 1/3rd of the debt, hence I'm assuming they put those same terms for this latest quarter.
 
watchlist Created with Sketch. Add RFG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.