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News: TZN Terramin Australia Ltd Says Unit Entered Agreement With Major Shareholder Asipac Group

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    25/02/22
    11:45
    Post #: 59819960

    Feb 25 (Reuters) - Terramin Australia Ltd (TZN) :

    • FINANCE FACILITY UPDATE-TZN.AX
    • UNIT ENTERED AGREEMENT WITH MAJOR SHAREHOLDER ASIPAC GROUP TO RESTRUCTURE ITS STANDBY TERM FACILITY
    • EXISTING SECURED FACILITY HAS BEEN INCREASED TO A$20.5 MILLION ON SIMILAR TERMS
    • ASIPAC HAS AGREED TO INCREASE ITS TOTAL DEBT FACILITY TO A$26.5 MILLION
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