Latest Restructuring News

Fleetwood Limited closed FY26 with a cash balance of $61.5 million, significantly above prior guidance due to accelerated receipt of major customer payments.

Cann Group has boosted its private credit loan facility by $2 million to facilitate the early redemption of convertible notes, maintaining its debt restructuring momentum.

Dataworks Group has arranged a $1.5 million unsecured working capital facility with a three-month term and 18% interest, aiming to strengthen liquidity and support ongoing and new commercial contracts without diluting equity.

Prophecy International has launched a sweeping global organisational restructure that will slash its workforce by approximately 48%, aiming to realign operations and reduce costs ahead of its FY26 results.

Spenda Limited's SPXOB securities have been suspended from trading by the ASX due to non-compliance with listing requirements. The suspension affects only this security class, leaving other Spenda securities unaffected.

James Hardie Industries releases its 2026 AGM materials, highlighting a $4.8 billion sales year boosted by AZEK acquisition, board renewals, and a revamped executive pay structure.

Bowen Coking Coal's entire shareholding and options have been transferred to Argo Bowen 2 following a court-approved Deed of Company Arrangement, marking a key step in the company’s restructuring.

Chimeric Therapeutics has appointed Hawkesbury Partners to lead a strategic review aimed at exploring options to enhance shareholder value, reflecting concerns that its market cap undervalues its clinical assets and infrastructure.

Sheffield Resources has negotiated further waivers and deferrals on key loan repayments for its Thunderbird Mineral Sands Mine, extending relief on obligations due through mid-2026. However, the outcome of ongoing debt restructuring talks remains uncertain.

Clime Investment Management has wrapped up major strategic initiatives including fund sales and business consolidations, while its flagship Clime Capital fund outperformed benchmarks. The company declared a fully franked interim dividend of 0.3 cents per share.

Peel Mining has distributed all shares in Spectre Metals to its shareholders, marking the completion of the demerger. This comes just before Aeris Resources is set to acquire Peel in a scheme of arrangement.

Matsa Resources has restructured its board and management team, appointing three new non-executive directors with deep technical and commercial expertise to support the expansion and development of its Lake Carey gold asset.