MOZ 0.00% 3.6¢ mosaic brands limited

News: MOZ Mosaic Brands Says Underlying EBITDA Expected To Rise To Circa $50m In FY22

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    May 26 (Reuters) - Mosaic Brands Ltd (MOZ) :

    • MOZ - MARKET UPDATE-MOZ.AX
    • UNDERLYING EBITDA EXPECTED TO RISE TO CIRCA $50M IN FY22
    • EXPECTS A FULL YEAR UNDERLYING EBITDA OF APPROX. $48M
    • SECURED A CREDIT APPROVED TERM SHEET FOR AN ADDITIONAL $10 MILLION CREDIT FACILITY WITH MAJORITY SHAREHOLDER ALCEON
    • FINALISED DOCUMENTATION WITH ANZ TO RENEW ITS $25 MILLION WORKING CAPITAL FACILITY
    • INTENDS TO EXERCISE EZIBUY OPTION FOLLOWING FAVOURABLE RENEGOTIATION OF OPTION TERMS
    • SYNERGIES FROM EZIBUY DEAL ARE FORECASTED TO BE IN RANGE OF NZD$3-5M
 
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