Latest Debt Management News

Bapcor has completed its retail entitlement offer, raising A$43.5 million as part of a broader A$200 million equity raising aimed at reducing debt and boosting financial flexibility.

OM Holdings’ subsidiary has fully redeemed its AUD 30.9 million private bonds ahead of schedule, funded by the sale of a strategic mining stake. This move clears all bond obligations well before the May 2026 maturity date.

TZ Limited has completed a A$1.5 million capital raise at a premium, appointed David Sampaklis as Group CEO with significant shareholding, and repaid A$1 million of debt, positioning itself for growth in data centre security.

NTAW Holdings has secured an extension of its financial covenant waiver from Commonwealth Bank, easing short-term credit pressures while continuing repayments on its borrowing facility.

TZ Limited has responded to ASX queries over the deferral of a A$2.75 million debt repayment, asserting the delay was already well disclosed and unlikely to impact its share price materially.

OM Holdings reported a modest decline in FY2025 revenue and EBITDA amid subdued market conditions but maintains a positive cash position and sets a stable production outlook for FY2026.

ActivEX Limited has fully repaid its $2.3 million loan to Star Diamond Developments by transferring full ownership of its East Coast Gold and Copper subsidiary, leaving the company debt free and financially strengthened.

Spenda Limited has successfully raised $1.4 million through a private placement, supported by both new and existing sophisticated investors, including key directors. The funds will fuel the company’s commercialisation efforts and strengthen its working capital position.

Bapcor Limited has initiated a fully underwritten $200 million equity raising at $0.60 per share, aiming to reduce debt and support a strategic turnaround under new leadership. The retail entitlement offer opened on 5 March and closes on 19 March 2026.

Eden Innovations Ltd reports a $1.43 million half-year profit, reversing prior losses thanks to a $4.45 million property sale and significant debt reduction, while advancing international commercialisation of its concrete and fuel technologies.

X2M Connect Limited has secured a $3 million capital raise to fund expansion into new markets and reduce debt, following a robust first half of FY26 marked by significant revenue and profit growth.

Coventry Group Ltd posted a modest revenue increase to $187.4 million for the half year ended December 2025, but underlying EBITDA plunged 67.7% amid a statutory net loss of $9.7 million. A strategic review is underway as the company suspends dividends to focus on debt reduction and growth.