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Delegat Group Limited (NZX: DGL) $333 million syndicated bank facilities

Tuesday 7th December 2021

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Delegat Group is pleased to announce that the Company has today approved the renewal of its committed bank facilities with the incumbent panel of four banks, being Westpac, BNZ, HSBC and China Construction Bank (New Zealand) Limited providing $333 million.

Delegat Group Limited's Chief Financial Officer, Murray Annabell, said, “We have taken the opportunity to secure three to five year expiring facilities at competitive new margins and Delegat Group is pleased to extend its relationship with all four syndicate banks. This renewal achieves a weighted average term to expiry of 4.0 years across the bank facilities.”

Please see the link below for details

DGL $333 million syndicated bank facilities

Source: Delegat Group Limited

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