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How Matrix’s $7.5M Convertible Note Redemption Simplifies Its Debt Structure

8:34am on Monday 8th of December, 2025 AEDT Industrial Engineering
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How Matrix’s $7.5M Convertible Note Redemption Simplifies Its Debt Structure

8:34am on Monday 8th of December, 2025 AEDT
Key Points
  • Convertible note matured and fully redeemed on 5 December 2025
  • New $7.5 million term loan facility secured with National Australia Bank
  • Refinancing delivers improved pricing and a simpler debt structure
  • New debt facility matures in November 2028, extending tenor by three years
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