BPC burns, philp & company limited

hart appointed chairman, page-7

  1. 137 Posts.
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    The payment of US$90 million (AUS$132.7 million) of senior debt is from the proceeds of the sale of Tones only (AUS$254 million). The interest rates on this debt is (on approx $100 million - 7.93% and balance at 4.59%).

    In relation to the sale of the herbs and spices business they have said at least 25% of the proceeds will be used to pay down debt. It maybe more if nothing is on the radar.

 
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Currently unlisted public company.

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