Latest Debt News

Ramsay Health Care’s proposed separation of its 52.79% Ramsay Santé stake has reached a key regulatory milestone, with ASIC registering the Demerger Booklet. Shareholders will vote on the transaction on 24 November, but approval remains only one step in a process that could create two separately traded healthcare exposures.

K&S Corporation’s FY2026 annual report confirms a sharp earnings decline, a lower dividend and rising debt as weak demand, margin pressure and the loss of most InfraBuild work weigh on the logistics group. Management expects FY2027 to remain difficult, with no formal earnings guidance provided.

TG Metals has advanced its Van Uden gold development and Lake Johnston lithium project, including a high-return heap-leach study and a maiden 6.71Mt lithium resource. But the ASX explorer ended September with A$1.523 million in cash, equivalent to just 1.05 quarters of funding at the reported spending rate.

Clime Capital has begun a valuation and private debt review after KPMG qualified its FY26 audit over $36.2 million of unlisted unit trusts. The company says it has not identified a material adverse change, but any adjustment to asset values, fees or receivables remains unresolved.

Boresight Ltd (ASX: BST) used its first quarter after listing to build inventory, expand its US manufacturing footprint and prepare for a larger military order, despite unaudited revenue of about A$829,000. Cash stood at A$5.39 million with no debt after operating outflows of A$2.28 million.

Kaiser Reef has fully repaid its 1,872-ounce Auramet gold loan using cash generated by the Henty mine, removing a recurring delivery obligation worth about A$0.6 million a month at current gold prices. The company still owes Catalyst Metals 2,400 ounces through October 2030.

RAS Technology has agreed to a $49.8 million all-cash takeover by The Press Association, giving shareholders a 93% premium to the last traded price. The deal has board and founder support, but still requires an independent expert’s endorsement, shareholder approval and Federal Court sanction.

MaxiPARTS has completed its $11.2 million purchase of Air Brake Systems, an acquisition expected to lift earnings per share by 17% before synergies. The deal adds a commercial vehicle braking business with $20 million in revenue and is forecast to contribute $5.5 million to group operating EBITDA by FY29, including synergies and underlying growth.

MONEYME opened FY27 with stronger growth, record-low net credit losses and its third consecutive quarter of positive Normalised NPAT. The unaudited result supports the lender’s reaffirmed FY27 target of breakeven to $7 million, while its expanding unsecured portfolio remains an important test.

Metcash has exercised its first right to acquire Queensland’s Peries Group in a debt-funded deal valued at an estimated $80 million to $85 million. The transaction would add 15 IGA supermarkets and around $264 million in annual retail sales, subject to ACCC approval and other conditions.

Amplitude Energy has opened FY27 with record quarterly production and revenue, while a successful Juliet gas discovery and East Coast Supply Project investment decision push its growth plan forward. The trade-off is higher spending, with FY27 capital expenditure guidance rising to A$320 million to A$390 million.

Hazer Group has expanded its commercial pipeline through a paid Japanese utility study assessing hydrogen facilities of up to 300,000 tonnes per year, while its KBR alliance advances a standardised commercial-scale design. The company ended September with A$8.3 million in cash and reported A$12.9 million in pro-forma funding, but remains pre-revenue in the quarter.