Latest Debt Facility News

Sheffield Resources has negotiated further waivers and deferrals on key loan repayments for its Thunderbird Mineral Sands Mine, extending relief on obligations due through mid-2026. However, the outcome of ongoing debt restructuring talks remains uncertain.

Way2VAT has restructured its debt with Bank Hapoalim, securing a larger $4.876 million facility and extending loan terms to three years to support growth and approach breakeven.

Sports Entertainment Group (ASX: SEG) has upgraded its FY26 underlying EBITDA forecast to $18 million, surpassing prior guidance, while refinancing senior debt to enhance financial flexibility.

Adore Beauty has expanded its debt facilities with Commonwealth Bank, increasing total capacity to $25.2 million to support inventory growth and a new semi-automated distribution centre.

Greatland Resources has reported a 62% surge in its Group Ore Reserve to 5.0 million ounces of gold as of March 2026, driven by a 150% jump in the Telfer Ore Reserve to 1.8 million ounces following a major drilling campaign.

Radius Residential Care boosted its profit before tax by 37% to $14.3 million in FY26, driven by strong operational performance and strategic acquisitions. The group now operates over 2,000 beds across 25 care homes and four villages, with a focus on high-acuity care and diversified services including home support and catering.

Echelon Resources has crystallised A$15.7 million in cash from selling nearly 140 million Cue Energy shares to Horizon Oil, using the proceeds primarily to reduce debt and solidify its financial position.

ALS Limited (ASX:ALQ) has delivered a landmark FY26 with underlying net profit after tax surging 25.8% to $381.2 million, beating 2027 targets a year early and raising its dividend by 10%. The company continues to invest heavily in automation, digital initiatives, and laboratory expansions while advancing its climate strategy amid a post-year-end cyber incident.

Recce Pharmaceuticals secured A$4 million through an institutional placement and launched a Share Purchase Plan to raise up to an additional A$4 million, bolstering funds for commercial licensing and ongoing clinical programs.

Schoolblazer Limited has finalised a new A$110 million debt facility with Westpac, fully repaying its previous banking arrangements and simplifying its capital structure.

Swoop Holdings has agreed to sell its Melbourne Fibre Project subsidiary to Singapore-based Xenith Infrastructure Group for $11 million plus project cost reimbursements. The deal offloads remaining capital commitments and will help reduce Swoop’s debt.

Peninsula Energy has extinguished its convertible loan debt with Adare Finance by issuing over 21 million shares and is positioned to draw down a new US$30 million convertible note facility, subject to conditions.