EVZ 6.25% 17.0¢ evz limited

Feb 20 (Reuters) - Evz Ltd (EVZ) group has negotiated an...

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    Feb 20 (Reuters) - Evz Ltd (EVZ)

    • group has negotiated an interest bearing debt reduction with its financier commonwealth bank of australia (cba).
    • in addition, cba has also agreed to extend groups banking facility to 30 June 2018.
    • CBA has agreed to write down its existing interest bearing debt from $13.3 million to $9 million
    • As part of these negotiations group's contingent liability facility with cba has been reduced by $457,500 to $2.8 million
 
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