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Slovar Limited — Capital/Financing Update 2017
Dec 14, 2017
17773_rns_2017-12-14_de3bb6d4-1a52-4cf4-9b8d-a67d6d2013eb.pdf
Capital/Financing Update
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money3
15 December 2017
ASX Release
FIRST TRANCHE DEBT FACILITY DRAWDOWN
The Board of Money3 Corporation Limited (ASX: MNY) is pleased to announce that it has today drawn down the first $50m tranche of funding under its new finance facility with FCCD (Australia) Pty Ltd, an entity within the Fortress Investment Group.
The drawdown pays out the existing $50m debt facility.
The second drawdown of $50m will occur in May 2018 when the existing bonds in the sum of $30m mature and are paid out in their entirety.
-ENDS-
For further information please contact:
Mr Brett Coventry
Chief Financial Officer
E: [email protected]
T: +61(0)3 9093 8255
Money3 Corporation Limited
ABN 63 117 296 143
Australian Credit Licence
389 782
Level 1, 40 Graduate Road
Bundoora, Vic, 3083
T 61 3 9093 8255
F 61 3 9093 8227
[email protected]
www.money3.com.au