Latest Interest Rates News

Story-i Limited reported a significant AUD 24.17 million loss for FY2024, driven by the receivership and liquidation of its Indonesian Apple reseller business. The company is now focused on recapitalisation and securing new investments to revive operations.

Australian Strategic Materials has refinanced its Korean Development Bank loan, enhancing financial flexibility to accelerate its Korean Metals Plant operations.

Dominion Income Trust 1 (ASX, DN1) has successfully completed a $45.45 million placement, issuing new units at a slight discount to the last closing price. The capital raised will be invested in floating rate notes aligned with the Fund’s strategy.

Income Asset Management Group has posted a record revenue month in May 2025, driving strong quarter-to-date growth and expanding its funds under advice by 28% year-on-year.

QuickFee Limited has completed a significant A$118 million debt refinancing and successfully raised A$1.25 million through a share placement, alongside announcing a new Share Purchase Plan to support its expansion in the US and Australian markets.

Coronado Resources has locked in a $150 million asset-based lending facility with Oaktree affiliates, refinancing existing debt and funding key coal production expansions amid a challenging market.

Titanium Sands Limited has locked in a $600,000 convertible loan facility from major shareholders to fund environmental studies and progress its Mannar Heavy Mineral Project. This funding milestone follows recent regulatory approvals and marks a critical step forward for the company.

Autosports Group has inked a $350 million syndicated revolving credit facility, streamlining its capital structure and boosting financial flexibility to support future expansion.

Evolution Energy Minerals has landed a US$2 million convertible note commitment from major shareholder ARCH PCC EM SRF to support its Kudu Graphite subsidiary, aiming to accelerate development of the Chilalo Graphite Project.

Life360 has announced a $250 million convertible senior notes offering, with an option for an additional $37.5 million, aiming to bolster its balance sheet and support strategic initiatives.

James Hardie Industries has successfully syndicated $3.5 billion in new credit facilities, providing robust financial backing for its planned merger with The AZEK Company Inc. This move significantly reduces prior bridge loan commitments and enhances the company’s financial flexibility.

Perpetual Limited has successfully refinanced its syndicated debt facilities with improved terms, pushing out maturities and lowering its gross debt forecast for FY25.