Latest Financial Restructuring News

Schoolblazer Limited has finalised a new A$110 million debt facility with Westpac, fully repaying its previous banking arrangements and simplifying its capital structure.

FBR Ltd is set to slash its share count by consolidating every 50 securities into one, impacting ordinary shares, performance rights, and options. The move awaits shareholder approval with critical milestones scheduled throughout July 2026.

Elanor Investors Group has finalised a $125 million recapitalisation that slashes its cost of capital and reduces debt, setting the stage for a leaner, capital-light funds management model and imminent ASX reinstatement.

XPON Technologies is shedding Alpha Digital after just over a year, in a move that clears the way for a tighter AI-centric growth strategy. The deal involves significant debt forgiveness, reflecting a clean break from a services-led business that once contributed over a third of group revenue.

Thrive Tribe Technologies’ 1TTO securities face immediate suspension from ASX pending regulatory compliance, isolating the impact to this class alone amid ongoing capital raises.

Coronado Global Resources has agreed to sell its Logan Mining Complex in West Virginia for nominal cash consideration, shifting liabilities to the buyer and aiming to sharpen focus on core metallurgical coal assets.

Metgasco has obtained a A$500,000 bridging loan at 10% interest to cover immediate capital needs while advancing a broader debt restructuring plan.

WA Kaolin has successfully recapitalised its balance sheet by approximately A$16.1 million through a partially underwritten entitlement offer and significant debt reduction, positioning the company for operational growth at its Wickepin kaolin project.

Comvita has completed a $40.5 million capital raise combining a $30 million Rights Offer and a $10.5 million Strategic Placement, welcoming Singapore’s F&N Ventures as a near 20% strategic investor.

WA Kaolin is seeking up to A$34.9 million through a fully underwritten entitlement offer aimed at restructuring its balance sheet, reducing shareholder loans, and funding operational improvements at its Wickepin kaolin project.

Energy Technologies Limited has secured nearly $2 million through a discounted share placement aimed at reducing debt and shoring up working capital amid ongoing financial restructuring.

Comvita has secured the minimum NZ$25 million capital raise required to activate its refinancing plan, driven by strong shareholder participation and Fraser and Neave’s near 20% stake. The Rights Offer closes today, setting the stage for debt repayment and financial restructuring.