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AINSWORTH GAME TECHNOLOGY LIMITED — Capital/Financing Update 2021
Feb 18, 2021
64331_rns_2021-02-18_6908fb01-7c9c-4dce-9d15-190a18261ee9.pdf
Capital/Financing Update
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Ainsworth Game Technology Ltd ABN 37 068 516 665
10 Holker Street, Newington NSW 2127 Tel: +61 2 9739 8000
19 February 2021
ASX Release
ASX Code : AGI
Ainsworth Game Technology Limited (AGT) – Western Alliance Bancorporation Credit Facility
Ainsworth Game Technology Limited (AGT) advises that it has entered into a new five year US$35.0 million secured credit facility with the US based Western Alliance Bancorporation (“WAB”). Proceeds of US$28 million from this new facility have been used to extinguish all Company obligations under the prior revolving credit facility with Australia and New Zealand Banking Group Limited (ANZ).
In the new WAB facility, the Company’s US-based operating subsidiary, Ainsworth Game Technology Inc., is established as the borrower and party to the relevant credit agreements while its parent entities within the AGT Group of companies, AGT Pty Ltd and Ainsworth Game Technology Limited, serve as guarantors.
The Company expects to provide further details on this new facility in the release of its unaudited financial results on Thursday 25 February 2021.
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For further information, please contact:
Pegasus Advisory Ainsworth Game Technology Ltd Michael Brown Mark Ludski Email: [email protected] CFO/Company Secretary Mobile: 0400 248 080 Email:[email protected] Ph: +61 2 9739 8021
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