News: SEK Seek Ltd Sees FY EBITDA Of About A$410 Mln

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    June 22 (Reuters) - Seek Ltd (SEK) :

    • IMPAIRMENT OF ASSETS IN FY20: NON-CASH IMPAIRMENT CHARGE OF A$190M TO A$230M
    • SEES FY20 REVENUE OF ABOUT A$1,575MLN
    • SEES FY EBITDA APPROXIMATELY A$410M
    • ANNOUNCING A TENDER AND CONSENT SOLICITATION OFFER TO EXISTING HOLDERS OF SEEK'S A$175M APRIL 2022 SENIOR GUARANTEED FLOATING RATE NOTES
    • WILL RECOGNISE A REPORTED NPAT LOSS IN FY20 DUE TO EXPECTED NON-CASH IMPAIRMENT CHARGE
    • AS AT 31 MAY HAD GROUP NET DEBT OF ABOUT A$932MLN
    • KEY COVENANT LIMITS INCREASED IN SENIOR SYNDICATED DEBT FACILITY THROUGH TO JUNE 2021
    • IMPAIRMENT TO BE RECOGNISED AGAINST CARRYING VALUE OF BRASIL ONLINE, OCC MUNDIAL, 4 MINORITY EARLY STAGE INVESTMENTS
    • MAKING AN OFFER TO HOLDERS OF A$175 MILLION FLOATING RATE SENIOR NOTES TO TENDER THEIR SENIOR NOTES FOR CO TO PURCHASE FOR CASH
    • WILL FUND OFFER VIA COMBINATION OF CO'S EXISTING SENIOR SYNDICATED DEBT FACILITY & AVAILABLE CASH BALANCES
 
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Last
$27.02
Change
0.270(1.01%)
Mkt cap ! $9.652B
Open High Low Value Volume
$26.77 $27.02 $26.75 $27.61M 1.024M

Buyers (Bids)

No. Vol. Price($)
2 857 $26.88
 

Sellers (Offers)

Price($) Vol. No.
$27.02 500 1
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