Latest Financial Covenants News

G8 Education has announced a significant $350 million goodwill impairment for FY25, reflecting ongoing sector pressures. Despite this, the company maintains its EBIT guidance but suspends dividends and pauses its share buyback program.

Ainsworth Game Technology reveals a significant $43.1 million goodwill impairment tied to its North American operations, alongside other one-off losses, tempering its FY25 profit outlook.

The Star Entertainment Group reported a 6% revenue increase to $301 million and a return to EBITDA profit in Q2 FY26, driven by stable Sydney trading, seasonal Gold Coast strength, and a key Brisbane operator fee. Strategic investments and refinancing efforts mark a pivotal phase for the company.

Perseus Mining has expanded and refinanced its corporate debt facility to US$400 million, significantly enhancing its liquidity position to over US$1.2 billion. This move positions the gold miner strongly for future growth and shareholder returns.

Michael Hill International has successfully refinanced its $90 million debt facility, securing improved margins and extending the term to August 2028 with the addition of Commonwealth Bank as a new lender.

Paladin Energy has restructured its syndicated debt facility, reducing total debt capacity from US$150 million to US$110 million, enhancing liquidity and balance sheet flexibility following a strong equity raise in 2025.

NTAW Holdings has secured an extension of its financial covenant waiver with Commonwealth Bank of Australia until March 2026, while continuing to reduce its borrowing facility.

Acusensus Limited has announced a $30 million equity placement to bolster its balance sheet, alongside winning a landmark $34 million contract in Connecticut, marking a significant step in its US expansion. The company also reported multiple contract expansions in Australia and a new debt facility to support its growth ambitions.

Symal Group has locked in a $300 million revolving debt facility with major Australian banks, enhancing its financial flexibility to support strategic growth and acquisitions.

Harmoney has secured a $15 million revolving debt facility from a major Australian bank, refinancing its previous loan at a significantly lower margin and underpinning future growth.

Redivium Limited confirms a setback in securing its Wrexham recycling plant lease but maintains strong project fundamentals and explores innovative refining technology to boost UK battery material production.

Web Travel Group Limited reports robust half-year results for FY26, with its B2B travel division WebBeds fueling a 20% revenue increase despite rising costs and finance pressures.