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AJ Lucas Boosts Senior Facility, Cuts Debt Costs with Refinancing Deal
2:52am on Monday 2nd of June, 2025 AEST
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AJ Lucas Boosts Senior Facility, Cuts Debt Costs with Refinancing Deal
2:52am on Monday 2nd of June, 2025 AEST
Key Points
Senior Syndicated Finance Facility increased to $50 million and extended to April 2027
Junior Facility fully repaid, reducing ongoing interest expenses
Shareholder Loan extended to July 2027 with significant interest rate reductions
New financing terms reflect improved asset backing and capital discipline
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