HIL
Click for more information
0.00% 14.5¢ hills limited

"Not sure how they will be able to repay the $15.0m in 18...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
TRADE NOW
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
TRADE NOW
  1. bensterz
    1,782 Posts.
    lightbulb Created with Sketch. 2
    clock Created with Sketch.
    11/05/16
    12:00
    Post #: 17734103
    "Not sure how they will be able to repay the $15.0m in 18 months."

    I suspect they will simply draw down on the debtor factoring facility by $15m and try to reduce this amount over time. To my mind it is refinancing lower cost debt with higher cost debt.
    HIL Price at posting: 28.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add HIL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.