Latest Refinancing News

AVADA Group Limited has successfully refinanced its debt facilities with Commonwealth Bank of Australia, replacing a $40 million term loan with improved and more flexible financing arrangements.

Centuria Office REIT has successfully refinanced $1 billion of debt, reducing margins by around 30 basis points and extending debt maturity to 4.3 years, with no expiries until FY29. This move signals strong lender confidence amid a volatile interest rate environment.

Papyrus Australia has commissioned its Adelaide Rapid Prototyping & R&D Facility, marking a key step in validating its pulp technology and progressing towards commercial production. The company also released its interim financials and reported stable cash flow supporting ongoing operations.

KMD Brands has reported solid half-year growth and launched a $65.3 million equity raising alongside debt refinancing to support its Next Level transformation strategy.

Chariot Resources has locked in a A$3.5 million secured loan facility to refinance existing debt and support its lithium exploration projects, including a major Nigerian acquisition.

The Star Entertainment Group has locked in a binding refinancing agreement with WhiteHawk Capital Partners, securing US$390 million to refinance existing debt and boost liquidity. This move aims to stabilise the company’s financial footing ahead of key regulatory approvals and asset sales.

KMD Brands has requested a voluntary suspension of its shares on both the NZX and ASX as it finalises a capital raise, refinancing, and its half-year financial results. The suspension aims to maintain market order while key details remain under negotiation.

DGL Group Limited has replaced its ANZ-led financing with a new $120 million facility from ScotPac, extending maturity and enhancing working capital flexibility amid ongoing management restructuring.

Fatfish Group has revealed improper conduct by a former service provider that delayed its 2024 financial reporting, while outlining ongoing legal actions and a strategy to relist on the ASX within four months.

EVT Limited has successfully refinanced its debt facilities, increasing capacity to $750 million with improved interest margins, positioning the group for its strategic pivot towards the hotel sector.

PEXA Group has successfully onboarded NatWest onto its UK digital property platform for remortgage transactions, marking a significant milestone in modernising the UK property market.

Myer Holdings reports a strong first half with total sales up 24.5% and underlying NPAT rising 21.7%, driven by brand expansion and strategic investments. The group’s growth strategy remains firmly on track amid ongoing market challenges.