Elanor Investors Group (AU:ENN) has released an update.
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Elanor Investors Group has refinanced its senior secured debt with an $85 million facility from Keyview Financial Group, allowing it to continue its asset realization program and stabilize its financial position. Despite this progress, the company faces challenges with its unsecured corporate notes, for which it is seeking revised terms. Elanor is also undergoing a strategic review to explore options for enhancing shareholder value, including potential business sales.
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