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How Babylon Pump & Power Plans to Leverage $21.15M Debt for Growth
7:01am on Saturday 2nd of August, 2025 AEST
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How Babylon Pump & Power Plans to Leverage $21.15M Debt for Growth
7:01am on Saturday 2nd of August, 2025 AEST
Key Points
New $21.15 million secured debt facility with National Australia Bank
Facility to repay $2.7 million existing loans and fund acquisitions
Three-year term with variable interest rate around 8.67%
Financial covenants include debt service cover and leverage ratios
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Babylon Pump & Power (ASX:BPP)
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