Latest Lending News

Centrepoint Alliance has finalised the $3 million acquisition of client books and advisers from Cairns Wealth and Pinnacle Wealth, expanding its salaried advice business and boosting recurring earnings.

AuKing Mining has confirmed widespread carbonatite intersections across 21 reverse circulation drillholes at its Tundulu Rare Earth Project in Malawi, setting the stage for diamond drilling to begin in July.

Black Rock Mining has secured an extension of its US$204 million debt facility to November 2026, providing more time to finalise equity funding for the Mahenge Graphite Project in Tanzania.

Andean Silver has significantly expanded its Cerro Bayo silver-gold project resource, increasing the Indicated Mineral Resource by 230% to 60 million ounces silver equivalent and raising the total resource to 136 million ounces AgEq. This upgrade sets the stage for upcoming feasibility studies and a major drilling campaign.

Adherium Limited has obtained a USD 1.65 million short-term unsecured loan from its major shareholder, Trudell Medical, to fund immediate working capital needs while pursuing capital structure adjustments.

Adore Beauty has expanded its debt facilities with Commonwealth Bank, increasing total capacity to $25.2 million to support inventory growth and a new semi-automated distribution centre.

KKR Credit Income Fund (ASX:KKC) has confirmed its distribution guidance for FY2027, maintaining a monthly payout of 1.67 cents per unit and an annualised yield above 8%.

HMC Capital has secured A$1.35 billion in private credit mandates from global investors, boosting its Australian commercial real estate lending platform and setting the stage for larger loan originations.

Resimac Group has completed its third bond issuance of 2026, raising A$1 billion through a prime residential mortgage-backed securities deal priced at a premium over BBSW. The transaction attracted robust domestic and offshore real money investor participation across multiple tranches.

Turners Automotive Group posted a record $63.2 million normalised NPBT for FY26, beating guidance and declaring a 14% higher dividend as it accelerates branch expansion and ecosystem integration.

Judo Bank has raised its FY26 cost of risk guidance due to three specific customer exposures, yet maintains a strong profit outlook with a projected 30% increase in pre-tax earnings.

RTO Limited reported a net loss of NZD 173,831 for the year ended 31 March 2026, remaining inactive while actively seeking a reverse takeover target. The company faces going concern uncertainty but secured shareholder support with a $200k loan agreement post-year-end.