Latest Debt Facility News

betr Entertainment Limited has launched a fully underwritten A$130 million capital raising to fund its acquisition of a 19.9% stake in PointsBet Holdings Limited and advance a superior takeover proposal. The move aims to create a leading Australian wagering operator with significant cost synergies and a clear path to ASX 300 inclusion.

betr Entertainment Limited has unveiled a revised $360 million proposal to acquire PointsBet Holdings, backed by a $130 million fully underwritten equity raise and promising $40 million in annual synergies. The offer aims to outmaneuver a competing bid, delivering enhanced funding certainty and operational scale.

betr Entertainment has unveiled a $360 million proposal to acquire PointsBet, backed by a $130 million equity raise and promising $40 million in annual synergies. The move aims to reshape the Australian wagering landscape with enhanced funding certainty and operational integration.

Andromeda Metals has entered exclusive negotiations for a $75 million debt facility to fund the Stage 1A+ development of its Great White Project, alongside operational progress and exploration drilling.

Pact Group Holdings reports a modest 2.7% revenue increase for Q3 FY25, driven by higher volumes and cost savings, while preparing to refinance debt and review its Asian packaging business.

Harmoney has raised its FY25 cash NPAT guidance to $5.5 million and announced an on-market share buy-back, setting the stage for accelerated loan book growth and improved returns in FY26.

Emerald Resources NL reported a solid March quarter with 19.1Koz gold production at Okvau, full debt repayment, and significant resource expansions at its Cambodian and Australian projects.

BCI Minerals has marked a significant milestone with the commencement of full-scale operations at its Mardie Salt and Sulphate of Potash Project and secured initial drawdowns from a $981 million syndicated debt facility, underscoring strong progress toward first salt shipment by late 2026.

Beforepay Group Limited has reported its strongest Q3 FY25 performance yet, with net profit before tax tripling year-on-year and advances growing 16%. The fintech’s strategic expansion of Carrington Labs and funding optimisations signal robust momentum ahead.

Brightstar Resources reported robust March quarter results, highlighted by Second Fortune’s transition to full production and the commencement of Fish mine development, underpinning a clear growth trajectory.

Bellevue Gold Limited reported modest operating cash flow for Q1 2025, heavy investment in development, and a significant post-quarter capital raise to strengthen its financial position.

Prime Financial Group has acquired Lincoln Indicators, significantly expanding its wealth management platform and client base. The deal is expected to boost recurring revenue and contribute to Prime’s ambitious growth targets.