New Zealand Refining Company Limited (NZX:NZR) has decided to postpone the maturity of its $40 million existing facility, earlier March 2022, by additional two and a quarter year.
- The $40 million facility will now mature on 30 June 2024;
- The weighted average term of the company’s senior debt facilities is 3.3 years;
- The company currently has total available facilities of $400 million and its net debt stood at $250 million as on 30th June 2020.
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