middle.news

Autosports Group Secures $350M Revolving Credit to Accelerate Growth

8:22am on Tuesday 3rd of June, 2025 AEST Automotive Retail
Read Story

Autosports Group Secures $350M Revolving Credit to Accelerate Growth

8:22am on Tuesday 3rd of June, 2025 AEST
Key Points
  • New $350 million syndicated revolving credit facility agreement
  • Replaces existing term loans with revolving credit, eliminating $25.2 million principal amortisation
  • Facilities secured by group assets, maturing in 3 and 5 years
  • Reduced interest margins increase cash flow and funding headroom
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Autosports (ASX:ASG)
OPEN ARTICLE