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How Lifestyle Communities’ $425M Debt Deal Fuels Its Growth Ambitions
3:31pm on Tuesday 23rd of December, 2025 AEDT
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Real Estate
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How Lifestyle Communities’ $425M Debt Deal Fuels Its Growth Ambitions
3:31pm on Tuesday 23rd of December, 2025 AEDT
Key Points
Secured $300 million Note Purchase and Private Shelf Facility from PGIM Inc.
Obtained $125 million Revolving Bank Debt Facility from National Australia Bank
Extended debt tenor to an average of 6.75 years with simplified structure
Interest Cover Ratio covenant reset to nil until mid-2028 to aid recovery
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Lifestyle Communities (ASX:LIC)
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