HFA restructuring US loan
HFA Holdings has repaid US$7.9 million of a US$127.9 million loan facility, the company has announced.
In an update to the Australian Securities Exchange, the company also said it is in negotiations with its lender to restructure the US dollar loan facility “to better suit the current economic environment”.
HFA added that the bank “has altered and waived various terms of the facility” for the duration of these negotiations.
HFA’s board will not speculate on the outcome of the discussions or the impact the result could have on the company’s share price.
In December last year, HFA announced the full repayment of an Australian dollar loan facility.
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