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FSA GROUP LIMITED — Capital/Financing Update 2018
Dec 19, 2018
64948_rns_2018-12-19_49dc8ea4-69bc-41a2-8c9f-33611b4bd79f.pdf
Capital/Financing Update
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FSA GROUP LIMITED
20 December 2018
Personal loan facility update
FSA Group offers non-conforming personal loans to assist clients with the purchase of a motor vehicle. Our personal loan pool was $55 million at the end of November 2018.
On 21 August 2018, FSA Group announced that Westpac Banking Corporation had conditionally approved a structured senior personal loan facility of $75 million to support future growth. This facility is subject to formal documentation being agreed and entered into by the parties. This facility will replace the $45 million corporate facility.
The parties are continuing their review of the formal documentation. In the interim, the $45 million corporate facility has been extended to 28 February 2019.
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Cellina Chen Company Secretary
FSA Group Limited Head Office Level 3, 70 Phillip Street Sydney, NSW, 2000
Phone: 1300 660 032 Fax: 1300 660 050
ASX Code: FSA