Domain Holdings Australia Extends Existing Debt Facility

MT Newswires Live
12 Dec 2024

Domain Holdings Australia (ASX:DHG) entered an agreement to extend a portion of its existing debt facility due to mature in December 2025, according to a Thursday filing with the Australian bourse.

Under the agreement, the company will have access to AU$290 million split across three facilities, subject to certain conditions, the filing said.

The AU$$116m, five-year revolving cash advance facility will mature in December 2029 while the AU$169 million, four-year revolving cash advance facility and the AU$5 million, four-year revolving contingent instrument facility will mature in December 2028, the filing added.

The company said the updated facility will be available to fund general corporate and working capital purposes.

Shares of the company slid 2% at market close.

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