Boral Limited Increased and Extended its Debt Financing Facilities

  • May 15, 2020 AEST
  • Team Kalkine

Australia-based building products and construction material group, Boral Limited (ASX:BLD) disclosed completion of new debt facilities and provided an update on the impact of COVID-19. The group disclosed that-

  • it has increased and extended its debt financing facilities with a new US Private Placement note issue of US$ 200 million;
  • the approvals for new bilateral 2-year bank loan facilities totaling AU$365 million;
  • the approvals to extend US$665 million of the Company’s existing US$750 million debt facility from July 2021 to June 2024.

The group has provided a further update on COVID-19 impacts and stated that its operations are considered to be within the critical construction sectors that have been allowed to operate as essential businesses during COVID-19.

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. All pictures are copyright to their respective owner(s). Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK