EOH Holdings Limited announced that, following the successful capital raise, the company concluded financing agreements with The Standard Bank of South Africa Limited (acting through its Corporate and Investment Banking division) on 31 March 2023 to refinance the Group's remaining debt package as follows: a ZAR 200 million 4-year amortising term loan; a ZAR 250 million 3-year bullet term loan; a ZAR 250 million 4-year revolving credit facility; and ZAR 500 million general banking facilities which will include a working capital facility and ancillary banking facilities. The refinancing provides EOH with a normalised debt structure with a single bank and significantly lowers the cost of debt for the Group, allowing management to focus on driving growth in operations.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
1.37 ZAR | +1.48% | +1.48% | -4.20% |
May. 10 | EOH Holdings Limited Announces Resignation of Jesmane Boggenpoel as an Independent Non-Executive Director | CI |
Mar. 26 | Transcript : EOH Holdings Limited, H1 2024 Earnings Call, Mar 26, 2024 |
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-4.20% | 47.52M | |
-13.48% | 191B | |
+1.53% | 167B | |
+3.37% | 155B | |
+8.31% | 103B | |
+11.19% | 82.06B | |
-6.43% | 71.79B | |
-18.66% | 54.05B | |
-8.68% | 43.34B | |
+9.88% | 38.62B |
- Stock Market
- Equities
- EOH Stock
- News EOH Holdings Limited
- EOH Holdings Limited Announces Successful Refinancing of Existing Debt Facilities