Ann: Infigen Announces First Quarter FY18 Production and Revenue, page-13

They currently need to "sweep" all cash flow to pay down existing debt. It's part of the debt conditions. Management have made reference to distributions / dividends being an option when debt is refinanced.

The strong cashflow resulting in faster paydown of debt brings refinancing closer to reality. The lower the outstanding debt, the lower the break fees for refinancing it earlier (mainly due to interest rate and foreign exhchange swaps that still exist from the old debt facility and are "out of the money").