middle.news

How Will Metro’s $15M-$24M Recapitalisation with Amari Majority Stake Reshape Its Future?

7:48am on Monday 11th of August, 2025 AEST Manufacturing
Read Story

How Will Metro’s $15M-$24M Recapitalisation with Amari Majority Stake Reshape Its Future?

7:48am on Monday 11th of August, 2025 AEST
Key Points
  • Equity raise of $15M-$24M via rights issue and placement
  • Amari Metals Australia to acquire 51% stake as majority shareholder
  • Existing bank syndicate agrees to $10M debt forgiveness contingent on raise
  • New three-year debt facility secured with supportive covenants
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Metro Performance Glass (ASX:MPP)
OPEN ARTICLE