• Renewed global debt facility with HSBC Bank Australia Limited
• Increased facility size by $15 million to a total of $57 million
• No change to pricing, term runs to November 2026

Austin Engineering Limited (ASX: ANG) has announced that it has renewed and revised the terms of its current finance facility with HSBC Bank Australia Limited (HSBC). The updated facility represents an increase of $15 million in overall size, totalling a facility limit of circa $57 million, which will be used to support capital needs and the continued growth of the business. This comprises a multi-option facility of $22 million, a term loan facility of $30.75 million, with the balance for assorted transaction negotiation authority (TNA) and credit card facilities. There has been no change to overall pricing. The renewed facility term is to 30 November 2026 with the term loan component being repaid as a variable amount each quarter (with a residual $14 million balloon payment). Austin has agreed to provide security over the assets of its Indonesian subsidiary to support the increased facility limit.