Looks like a routine announcement, but really it is one of those actions to drive synergies and to achieve better costs for both businesses (Downer and Spotless).
No mention of price achieved for the refinancing, but I'm betting that they have done well in this financing environment with the larger joint offerings. This should all help our bottom line.
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- Ann: Downer and Spotless complete refinancing
Ann: Downer and Spotless complete refinancing, page-2
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