Latest Banking News

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Metal Bank Limited has signed a binding agreement to acquire key gold assets from Hastings Technology Metals, marking a significant expansion of its Western Australian portfolio. Drilling has already commenced at the Whiteheads Project’s Seven Leaders prospect, signaling early progress.
Maxwell Dee
Maxwell Dee
29 Sept 2025
Hastings Technology Metals has signed a binding agreement to sell its gold assets to Metal Bank Limited in a share-and-cash deal, marking a strategic pivot towards rare earths and niobium development.
Maxwell Dee
Maxwell Dee
29 Sept 2025
Bravura Solutions has appointed Colin Greenhill as its new Group CEO, effective 1 January 2026, following a comprehensive global search. Greenhill brings over 15 years of leadership experience in financial services software, signaling a strategic step forward for the company.
Sophie Babbage
Sophie Babbage
29 Sept 2025
Synlait has agreed to sell its North Island assets to global healthcare giant Abbott for approximately US$178 million, marking a strategic reset focused on debt reduction and operational simplification. The deal, expected to close by April 2026, positions Synlait to concentrate on its South Island operations and explore new growth avenues.
Victor Sage
Victor Sage
29 Sept 2025
Synlait Milk Limited has completed a $350 million refinancing package with a strong banking syndicate, featuring amended financial covenants for FY26 and maintaining key shareholder support.
Victor Sage
Victor Sage
26 Sept 2025
Bailador Technology Investments has realised $25 million from its SiteMinder stake at a premium, while maintaining a controlling interest and signalling confidence in the company’s growth.
Victor Sage
Victor Sage
26 Sept 2025
Manuka Resources has received a binding debt offer to refinance existing obligations and support the restart of its Wonawinta silver and gold processing plant in early 2026, leveraging current high metal prices.
Maxwell Dee
Maxwell Dee
26 Sept 2025
Westpac Banking Corporation has announced a fully franked quarterly distribution of AUD 1.1616 per Capital Note 10, reflecting a 4.66% annualised yield based on current benchmark rates.
Victor Sage
Victor Sage
25 Sept 2025
Westpac Banking Corporation announces a fully franked distribution of AUD 1.2140 per Westpac Capital Notes 9 for the quarter ending December 2025, reflecting a 4.87% annualised yield based on current market rates.
Victor Sage
Victor Sage
25 Sept 2025
Nickel Industries has successfully issued US$800 million in senior unsecured notes at a 9% coupon, extending its debt maturity to 2030 and reducing annual amortisation by US$88 million. The company also launched a tender offer to repurchase higher-cost notes maturing in 2028.
Maxwell Dee
Maxwell Dee
25 Sept 2025
TasFoods has agreed to sell its Pyengana Dairy business for $2 million, aiming to reduce debt and refocus on its poultry supply chain. The sale awaits shareholder approval with settlement expected by early November.
Victor Sage
Victor Sage
25 Sept 2025
Canyon Resources is fast-tracking its Minim Martap bauxite project in Cameroon, backed by a $140 million debt facility and a $215 million equity raise, aiming for production start in early 2026. The Definitive Feasibility Study confirms strong economics with a project NPV exceeding $830 million and an IRR of 29%.
Maxwell Dee
Maxwell Dee
25 Sept 2025