Latest Debt And Financing News

Promisia Healthcare has maintained group care occupancy at 96%, above its 95% target, while completing the Chatswood acquisition and preparing to potentially accelerate full ownership of Golden View Village. FY27 underlying EBITDAF guidance of at least $8.0 million remains unchanged for the existing portfolio, with updated guidance due in November.

KGL Resources has received the second US$16 million payment from Wheaton, completing the early deposit for its Jervois copper project. The company says the broader funding package, combined with its A$300 million equity raising, covers construction and the path into production, although the remaining Wheaton tranches are conditional.

Helloworld Travel has agreed to acquire Crown Currency Exchange for $135 million, adding 68 Australian stores and an FY26 underlying EBITDA stream of $22 million. The transaction expands Helloworld’s retail footprint but will also introduce a mix of NAB debt, vendor financing and a share placement.

Sovereign Metals says a simple add-on circuit at its Malawi project could generate US$722 million of pre-tax value from monazite by-product recovery. The opportunity is commercially striking, but remains a preliminary scoping result dependent on further testwork, approvals, funding and customer qualification.

Brightstar Resources is on track to deliver 75,000 ounces per annum from its Goldfields hub by mid-2027, backed by a new processing plant and strong project economics, while progressing its Sandstone project toward a Tier-1 development with a 2.9 million ounce resource.

Alice Queen Limited’s Project Definition Study for the Horn Island Gold Project reveals robust economics with a pre-tax NPV of A$706 million and an IRR of 109%, underpinning plans for an 11-year mine life and a rapid 1.1-year capital payback.

LDR Capital Property Fund has initiated its portfolio repositioning strategy by exchanging contracts to sell a secondary office asset in Cannon Hill for $24.8 million, aiming to recycle non-core assets and reduce debt without affecting FY26 distributions.

QPM Energy has secured essential development and environmental approvals for its Isaac Power Station, paving the way for construction to begin pending final financing. The project aligns with Queensland’s ambitious energy transition goals.

MOVE Logistics Group reports a 98% improvement in normalised earnings before tax and a significant reduction in net debt, positioning the company on track for a profitable FY26 despite ongoing market challenges.

Ariana Resources has extinguished its outstanding US$782,575 loan with RiverFort by issuing over 40 million shares, leaving the company debt-free and well-capitalised with A$11 million in cash.

Astron Limited has advanced its Donald Rare Earth and Mineral Sands Project with conditional senior debt support and ongoing financing discussions, targeting a final investment decision by the end of March 2026.

Toubani Resources has landed a credit-approved term sheet from Coris Bank for more than US$80 million in project financing, marking a significant step forward for its Kobada Gold Project in Mali.