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Vinyl Group Secures $10M Loan to Accelerate Val Morgan Digital Acquisition
8:26am on Tuesday 31st of March, 2026 AEDT
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Vinyl Group Secures $10M Loan to Accelerate Val Morgan Digital Acquisition
8:26am on Tuesday 31st of March, 2026 AEDT
Key Points
Unsecured $10 million loan facility from Non-Executive Chairman Robert Kenneth Gaunt
Five-year term with interest rate at RBA +5%
$7 million allocated for Val Morgan Digital acquisition
Remaining $3 million for general working capital
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VINYL GROUP (ASX:VNL)
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