Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Emeco Holdings Repays 2022 Notes

16 Oct 2020  |  09:36:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Emeco repays its 2022 Notes

Emeco Holdings announced that it has repaid US$142m (A$195m), representing 100% of the 31 March 2022 notes (2022 Notes) outstanding. The repayment of the 2022 Notes was funded from the net proceeds of the recently completed underwritten A$149m pro rata entitlement offer and existing cash on hand. The note repayment will reduce annual interest costs by $19m per year.

Please click here for full details

See more ASX300 News Announcements