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SPC GLOBAL HOLDINGS LTD — Capital/Financing Update 2025
Aug 25, 2025
65843_rns_2025-08-25_8956c660-58b1-4680-b86a-715c15849dd0.pdf
Capital/Financing Update
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26 August 2025
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SPC Global to transition to CommBank
SPC Global Holdings Ltd (ASX:SPG) is pleased to announce that it is expecting to transition its senior financing facilities from Scottish Pacific to Commonwealth Bank of Australia ( CommBank ) as its senior lender, with settlement anticipated to occur on 29 August 2025.
SPC Global has secured new debt facilities totalling $134 million through CommBank. The new debt facilities together with fixed rate unsecured note of $20 million raised in April 2025, sees the Group with a total facility of $154 million in line with prior guidance. The Group anticipates annual interest savings of around $3 million and is now well placed to support growth initiatives and general corporate requirements.
Comments from SPC Global Managing Director, Robert Iervasi:
“Securing the support of the largest bank in Australia is validation of the value of the newly formed SPC Global and the strategic direction we have planned for the coming years. CommBank’s reputation for supporting regional manufacturing is unparalleled and we are excited to be entering this new chapter of SPC Global with CommBank as our banking partner.
“I would like to thank Scottish Pacific for their support as our lender from the time of listing until now.
“We look forward to the support of the CommBank team as we grow the SPC Global business both domestically and internationally.”
Comments from Craig McQuillen, CommBank General Manager, Major Client Group, Victoria.
“SPC Global is one of Australia’s most iconic food manufacturers and we are very proud that they have chosen us as their banking partner as they continue to support regional jobs, innovation, and food security. At CommBank, we’re committed to backing Australian food manufacturing, which is an important part of building a stronger, more resilient economy. We look forward to supporting SPC Global through its next phase of growth.”
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This announcement was authorised by the SPC Global Holdings Ltd Board.
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SPG ASX ANNOUNCEMENT
26 August 2025
Media & Investors
Nominis Communications [email protected] +61 438 004 959
About SPC Global
SPC Global consists of SPC, The Original Beverage Co, Nature One and Natural Ingredients. The four companies were brought together under SPC Global in December 2024, with the company’s listing on the ASX (ASX:SPG). The Group has a portfolio of brands with a focus on providing nourishment and wellness for consumers globally. The Group’s products span packaged fruit and tomatoes, baked beans and spaghetti, ready-made meals, beverages, juice and wellness shots, powdered milk products, and vegetable and fruit supplies to the food service industry. With a strong agricultural heritage, around 800 employees, and operations in Australia and Asia, the company has ambitions to grow both domestically and internationally. For more information: spcglobalgroup.com
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