BAPCOR LIMITED — Capital/Financing Update 2024

Jun 16, 2024

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ASX Announcement Bapcor Limited (ASX:BAP)

17 June 2024

BAPCOR SUCCESSFULLY COMPLETES DEBT REFINANCING

Bapcor is pleased to advise that it has successfully refinanced $200M of debt facilities due to mature in July 2025. Bapcor has increased this debt facility by $100M to a total of $300M split into tenors maturing in July 2028 and July 2029.

Bapcor had strong lender interest, which is reflective of Bapcor’s attractive market and business profile that enabled an increase to the total available limits and a new financier added to the syndicate. The refinancing is on solid terms and pricing in combination with an extended maturity profile.

Following the completion of this debt refinance, Bapcor has access to a total $720M debt facility with ANZ, Westpac, NAB, Citi, SMBC and MetLife. The transaction further improves Bapcor’s sound financial position and provides Bapcor with additional funds for general corporate purposes.

Bapcor’s Interim CFO, Mr George Saoud said: “We are pleased with the outcome of our refinancing. We appreciate the continued support of our banking partners, and with their support Bapcor has strengthened its financial foundation. The new debt facility has competitive terms and pricing and provides the opportunity for us to prepare for future growth”.

• Ends –

Issued by : Bapcor Limited (“Bapcor” or “the Company”), ASX:BAP, www.bapcor.com.au

Authorised by : The Board of Bapcor Limited

For investor and media enquiries, please contact:

Karen McRae General Manager Investor Relations +61 417 186 500 karenm@bapcor.com.au

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