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How Fletcher Building’s USPP Exit Reshapes Its Funding Future

7:39am on Friday 5th of December, 2025 AEDT Construction Materials
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How Fletcher Building’s USPP Exit Reshapes Its Funding Future

7:39am on Friday 5th of December, 2025 AEDT
Key Points
  • Prepayment of all outstanding US Private Placement notes
  • Establishment of $200 million two-year club facility
  • Extension of $325 million syndicated facility tranche for four years
  • Senior Interest Cover covenant amended until end-2026
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