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

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

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Genesis completes NZ$100m Placement
MCY - Invests heavily in renewables; delivers strong performance
PFI Announces Interim Results
February 24th Morning Report
THL - FY26 Interim Results: underlying NPAT up 11%, 3cps dividend
FPH updates FY26 revenue and earnings guidance
February 23rd Morning Report
February 20th Morning Report
SCL - Chief Financial Officer Transition
BLS - Strong YTD performance