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You are here: Home Archive 2009 June 01 Asciano debt arrangement extended

Asciano debt arrangement extended

by samc last modified Jun 01, 2009 12:35 PM

Asciano has been granted an extension on the maturity date for its working capital and bank guarantees as it looks to finalise its long-running monetisation process this month.

  
Asciano debt arrangement extended

Asciano chief Mark Rowsthorn confident debt arrangements give Asciano flexibility

The debt facilities have been extended by six months until November.

The combined facilities have also been reduced from $258m to $170m.

Asciano said it had executed final documentation with its banks to extend the maturity date on its working capital and...

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