Latest Interest Expense News

5E Advanced Materials secures a decade-long boric acid offtake agreement and advances boron product development, while reporting a $12.1 million quarterly loss and planning ASX delisting.

SPC Global Holdings (ASX: SPG) has voluntarily suspended trading of its shares pending details of a proposed equity raising, with the suspension expected to last until 11 May or until the announcement is made.

Synlait Milk has obtained waivers from its syndicated banks on key financial covenants for the quarter ending April 2026, reflecting ongoing operational and market challenges.

ImpediMed has secured A$15.2 million through a two-tranche placement and share purchase plan, alongside A$5 million in cost reductions, aiming for operating cashflow breakeven by H2 FY28.

Scentre Group’s first-quarter update reveals robust sales and visitation gains, near-full occupancy, and steady capital management moves, underpinning its confidence in 2026 earnings growth despite geopolitical uncertainties.

Whitehaven Coal has priced US$900 million in senior secured notes to refinance its acquisition term loan, aiming to lower its cost of debt and reduce annual interest expenses by up to A$55 million.

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.

Pioneer Credit has raised its FY26 net profit after tax guidance to at least $23 million, driven by significant interest savings from repricing its debt facilities. This marks a notable upgrade reflecting stronger earnings and a healthier capital structure.

Findi Limited has raised A$25 million through an institutional placement to refinance its Indian subsidiary’s balance sheet, reduce debt, and accelerate its ATM rollout and digital payments growth.

Synlait Milk Limited has secured important amendments and waivers to its syndicated bank facilities, aligning its financial covenants with the upcoming sale of its North Island assets scheduled for April 2026.

Hydrix Limited reported a 14% revenue decline and a sharp increase in net loss for H1 2026, raising concerns about its financial stability despite securing a major contract.

PEXA Group Limited reported a 10% revenue increase and a 19% rise in EBITDA for the half-year ended December 2025, while announcing its strategic exit from the Digital Solutions segment with a significant loss.