• Pact has entered into a $700 million senior debt facility and a $75 million subordinated debt facility
• Facilities replace existing debt, including facilities due to expire in January 2026
• Debt limits slightly reduced as part of the refinance

Pact Group Holdings Ltd (ASX: PGH) has announced the successful completion of its debt refinancing. The company has entered into a new senior debt facility totalling $700 million across two expiry dates in June 2028 and June 2030, as well as a subordinated debt facility of $75 million expiring in December 2030. These new facilities replace all of Pact's existing senior and subordinated debt, including the facilities that were due to expire in January 2026. As part of the refinancing, the company has taken the opportunity to slightly reduce its overall debt limits. The Managing Director and Group Chief Executive Officer, Sanjay Dayal, commented that the refinancing has removed near-term refinancing risk and the company retains capacity to continue its planned growth projects. Pact has appreciated the continued support from its long-term relationship banks and has also welcomed new lenders as part of the refinancing.