Elders Limited (AU:ELD) has released an update.
Elders Limited has successfully refinanced its debt, resulting in an increased multi-option facility to $230 million with an extension to May 2027, and an enlarged Receivables Facility limit to $350 million. This strategic financial restructuring aims to enhance the company’s operational flexibility and support its growth, particularly in the Retail Products sector. The company maintains its strong banking relationships with ANZ, NAB, and Rabobank as part of its long-term financial planning.
For further insights into AU:ELD stock, check out TipRanks’ Stock Analysis page.