Spark New Zealand (ASX:SPK) subsidiary extends credit facility

27Nov

Spark New Zealand (ASX:SPK) subsidiary extends credit facility

[videojs_hls url=’//du7x25at22z7c.cloudfront.net/297378/index_HLSv3.m3u8′ poster=’http://www.finnewsnetwork.com.au/newssystem/2020/Headlines02_360_201127.jpg’]

 

A subsidiary of Spark New Zealand (ASX:SPK), has extended the term of its revolving credit facility with Westpac New Zealand.

Spark Finance carries out the borrowing activities for the Spark group.

It has extended its NZ$200 million committed revolving credit facility with Westpac.

The extension is for 3 years and is set to mature on 30 November 2023.

Shares in Spark New Zealand (ASX:SPK) are trading 0.2 per cent higher at $4.45.

Copyright 2020 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

28Feb

MGM Wireless (ASX:MWR) see record revenue and revised guidance

28 Feb 2020 - Technology company MGM Wireless (ASX:MWR) today reported results for 1H FY20 showing revenue up 87 per cent to $7.6 million.

Read More
11Nov

Ridley Corporation (ASX:RIC) to reduce staff levels

11 Nov 2019 - Ridley Corporation (ASX:RIC) says there will be a new organisational restructure with implications for their financial year 2020.

Read More
06May

Hot Stocks: Sigma Healthcare, SkyCity Entertainment, Altech Batteries

06 May 2025 - A look at some of the companies making the news this morning.

Read More
16Sep

Tabcorp Holdings (ASX:TAH) completes retail shortfall bookbuild

16 Sep 2020 - Tabcorp Holdings (ASX:TAH) has completed the retail shortfall bookbuild component of its underwritten 1 for 11 pro-rata accelerated renounceable entitlement offer.

Read More
27Nov

Unexpected resignation of Oil Search’s (ASX:OSH) CFO hire

27 Nov 2020 - Oil Search’s (ASX:OSH) Chief Financial Officer Designate, Ayten Saridas has resigned from her position.

Read More
03Feb

Stocks of the Hour: Liontown Resources, Genetic Technologies, Southern Hemisphere Mining

03 Feb 2023 - A snapshot of the stocks on the move featuring Liontown Resources (ASX:LTR), Genetic Technologies (ASX: GTG) and Southern Hemisphere Mining (ASX:SUH).

Read More
29Jun

Stocks of the Hour: Medibank, Calix, 4DMedical

29 June 2021 - A snapshot of the news that broke today, featuring Medibank (ASX:MPL), Calix (ASX:CXL), 4DMedical (ASX:4DX).

Read More
23Dec

Macquarie Telecom Group (ASX:MAQ) signs a deal with the ATO

23 Dec 2019 - Macquarie Telecom Group (ASX:MAQ) has entered into an agreement with the Australian Taxation Office to provide Secure Internet Gateway (SIG) and cyber security services estimated to be worth approximately $20 million.

Read More
08Jul

WiseTech Global (ASX:WTC) has completed earnout renegotiations

08 Jul 2020 - WiseTech Global (ASX:WTC) today confirmed completion of the remaining earnout renegotiations removing $33.3 million of future contingent cash liabilities owed to multiple acquisition targets.

Read More
25Oct

Austal (ASX:ASB) to construct $136 million catamaran

25 Oct 2019 - Ship manufacturer, Austal (ASX:ASB) has penned a contract for the design and construction of a 115 metre, high-speed catamaran for Molslinjen of Denmark.

Read More