Allco Finance Group has agreed a new debt facility with its syndicate banks, which managing director David Clarke has said is a breakthrough after protracted negotiations.
The new senior debt facility will be used to repay the group's three existing senior debt facilities, with the amount drawn matching outstanding borrowings of about A$702 million ($608 million)....
Take a free website trial to view this article. It's easy to get a trial - just follow this link or email sbains@euromoneyplc.com.
Alternatively, if you're already a subscriber or have a trial, simply log in below to read the article.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
