middle.news
Why Did Enero Slash Its Debt Facility from $50M to $15M?
9:01am on Monday 23rd of June, 2025 AEST
•
Communications Services
Read Story
Why Did Enero Slash Its Debt Facility from $50M to $15M?
9:01am on Monday 23rd of June, 2025 AEST
Key Points
New $15 million revolving secured facility replaces $50 million debt line
Facility duration set for 16 months, expiring October 2026
Current cash balance stands at $38.8 million as of May 31, 2025
Only $2.5 million drawn from the new facility to date
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Enero (ASX:EGG)
OPEN ARTICLE