Aug 6 (Reuters) - Myer Holdings Ltd (MYR) :
- EXISTING LENDERS EXTEND FINANCE FACILITIES TO 2022
- SIGNED BINDING TERM SHEET WITH EXISTING LENDERS TO AMEND AND EXTEND ITS BANK FACILITY UNTIL AUGUST 2022.
- TRADING DURING SECOND HALF OF FY20 WAS SEVERELY IMPACTED BY COVID-19
- EXPECTS TO REPORT A SMALL NET CASH POSITIVE POSITION AT END OF FY20
- AMENDED FACILITY OF $340M, COMPARES TO EXISTING FACILITY OF $360M
- LENDERS HAVE AGREED NO COVENANT TESTING WILL BE REQUIRED AT END OF FY20
- LENDERS AGREED THAT NO COVENANT TESTING WILL BE REQUIRED AT END OF FY20, GIVEN SIGNIFICANT IMPACT OF COVID-19 ON OPERATIONS IN 2H20
- TEMPORARILY CLOSED ALL METROPOLITAN MELBOURNE STORES FROM CLOSE OF BUSINESS ON 5 AUGUST 2020 FOR SIX WEEKS
- MYER'S REGIONAL STORES IN GEELONG, BALLARAT AND BENDIGO WILL CONTINUE TO OPERATE DURING THIS TIME
- A NUMBER OF MYER'S TEAM MEMBERS WILL NOT BE REQUIRED TO WORK FOR PERIOD OF MELBOURNE STORE CLOSURES
News: MYR Myer Holdings Says Existing Lenders Extend Finance Facilities To 2022
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Last
64.0¢ |
Change
-0.010(1.54%) |
Mkt cap ! $1.105B | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 65.5¢ | 63.5¢ | $1.944M | 3.029M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 227930 | 63.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 15625 | 1 |
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| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| MYR (ASX) Chart |