Latest Financial Covenants News

Page 6 of 7
Butn Limited has locked in a $100 million senior secured debt facility with Northleaf Capital Partners, marking a pivotal step in its growth strategy and refinancing existing debt.
Claire Turing
Claire Turing
2 July 2025
Collins Foods Limited reported record revenue of $1.52 billion for FY25, up 2.1%, but statutory net profit plunged 88.5% due to significant impairments and wage provisions. The company declared a fully franked final dividend of 15 cents per share, signaling confidence despite challenges.
Victor Sage
Victor Sage
24 June 2025
Recce Pharmaceuticals has locked in a non-dilutive A$30 million debt facility with Avenue Capital Group, extending its cash runway to support pivotal Phase 3 trials and commercialisation of its synthetic anti-infective R327G.
Ada Torres
Ada Torres
17 June 2025
Kore Potash has signed non-binding term sheets with OWI-RAMS for a $2.2 billion funding package to develop its flagship Kola Potash Project in the Republic of Congo, combining senior secured finance and royalty-based funding under Shariah principles.
Maxwell Dee
Maxwell Dee
10 June 2025
Andromeda Metals has achieved a key financing milestone with Merricks Capital's credit approval of a A$75 million debt facility, advancing the Great White Project towards final investment decision.
Maxwell Dee
Maxwell Dee
4 June 2025
AJ Lucas Group has extended and increased its senior debt facility to $50 million, fully repaid its junior loan, and secured a shareholder loan extension with lower interest rates, positioning the company for reduced financing costs and future growth.
Maxwell Dee
Maxwell Dee
9 May 2025
Coronado Global Resources Inc. posted a $96.2 million net loss for Q1 2025, reflecting weak metallurgical coal prices and ongoing liquidity challenges. The company is navigating covenant waivers and pursuing refinancing amid market uncertainty.
Maxwell Dee
Maxwell Dee
9 May 2025
AVITA Medical reported a robust 67% increase in first quarter 2025 revenue, driven by new product launches and a strategic commercial overhaul, while reaffirming its full-year growth and profitability targets.
Ada Torres
Ada Torres
9 May 2025
Healius Limited has announced a fully franked special dividend of 41.3 cents per share totaling approximately $300 million, alongside a new $300 million three-year syndicated bank facility replacing its previous $680 million arrangement.
Ada Torres
Ada Torres
5 May 2025
Eureka Group Holdings has upsized its debt facilities to $185 million with improved terms, enhancing its financial flexibility to expand residential developments across Australia.
Eva Park
Eva Park
1 May 2025
Electro Optic Systems (EOS) reported a robust quarter ending March 2025, highlighted by significant new defence contracts and a strong cash position following the divestment of its EM Solutions subsidiary.
Victor Sage
Victor Sage
29 Apr 2025
Mineral Resources Limited reported a steady Q3 FY25 with operational progress at Onslow Iron and lithium assets, alongside ongoing corporate governance reforms and robust financial health.
Maxwell Dee
Maxwell Dee
29 Apr 2025