NWH 1.30% $3.90 nrw holdings limited

Lucky you !...

  1. 5,305 Posts.
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    Lucky you !

    https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4g65yBCZruBxke92GA==

    ..”Chief Financial Officer Andrew Walsh commenting on the update said “This is an initiative driven by the company to normalise its banking arrangements. Our financial position is significantly different today compared to when we issued the Notes. The support of the Note holders has been fundamental in the company’s improvement and I would like to extend my thanks on behalf of NRW to all Note holders for their support of the company over the last two years. I would also like to thank FIIG Securities who assisted NRW in all aspects of the corporate note issue for their support in structuring the notes.”

    So as of Wednesday not only will the company debt be solely in hands of BankWest - at something under a manageable $38 million - but we will will be “better placed to increment more flexible financing arrangements to support both core business operations and to address growth opportunities should those arise.”

    Bring on the New Year ...
 
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$3.90
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