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ELDERS LIMITED — Capital/Financing Update 2013
Sep 22, 2013
64835_rns_2013-09-22_078ecd57-bef2-43e4-acfd-15902721ac63.pdf
Capital/Financing Update
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23 September 2013
Re-finance Completion
Extension to syndicated finance complete
Elders Limited (ASX:ELD) ( Elders ) announces that it has completed the extension and renewal of its finance facilities announced to the ASX on 10 September 2013.
As advised to the ASX on 10 September, Elders’ finance facilities will now mature on 31 December 2014. As the re-finance is an extension and renewal of existing facilities, a number of covenants, including the prohibition on the payment of dividends to ordinary shareholders and distributions to hybrid holders until repayment of all syndicated debt, previously advised to the ASX on 30 November 2012, remain in place.
Further Comment:
Malcolm Jackman Chief Executive Officer 0439 642 876
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