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Calmer Co. Secures $1.8m AUD Loan to Anchor Navua Facility Expansion
4:51pm on Friday 14th of February, 2025 AEDT
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Calmer Co. Secures $1.8m AUD Loan to Anchor Navua Facility Expansion
4:51pm on Friday 14th of February, 2025 AEDT
Key Points
Secured 2.64 million FJD ($1.8 million AUD) loan from Fiji Development Bank
Loan terms: 5% interest rate, 20-year term, monthly repayments of FJD18,200
Acquisition of 5856m2 freehold land with 1930m2 processing and office space
Loan secured by mortgage with strict covenants on financial reporting and asset use
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