middle.news
Bapcor secures eased covenants to support FY27 turnaround
8:30am on Wednesday 12th of August, 2026 AEST
•
Consumer Discretionary
Read Story
Bapcor secures eased covenants to support FY27 turnaround
8:30am on Wednesday 12th of August, 2026 AEST
Key Points
Net leverage ratio raised to 3.5x EBITDA at Dec 2026
Fixed charge cover ratio lowered to 1.30x EBITDA for FY27
Covenants revert to stricter levels from Dec 2027
Additional headroom aims to underpin turnaround efforts
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Bapcor (ASX:BAP)
OPEN ARTICLE