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Norwood Systems Secures New Unsecured Loan to Settle Balmain Debt
11:21am on Wednesday 3rd of September, 2025 AEST
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Norwood Systems Secures New Unsecured Loan to Settle Balmain Debt
11:21am on Wednesday 3rd of September, 2025 AEST
Key Points
Refinancing of A$345,000 short-term unsecured loan facility
Fixed interest of A$34,500 with repayments due in October and November 2025
Full discharge and termination of previous Balmain loan facility
No security or equity issued in connection with refinancing
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