Yowie Group extends and increases secured loan facility
Key points
- Maturity date of loan facility extended to 31 January 2026
- Loan facility limit increased from A$1,000,000 to A$1,500,000
- Interest rates on secured and unsecured amounts adjusted
Full summary
Yowie Group Limited (ASX:YOW) has announced that the terms of its working capital loan facility provided by Keybridge Capital Limited (ASX:KBC) have been amended. The key changes are: 1) The maturity date of the loan facility has been extended from 30 September 2025 to 31 January 2026. 2) The loan facility limit has been increased from A$1,000,000 to A$1,500,000. 3) The interest rates on the secured and unsecured amounts have been adjusted, with higher rates applicable after the previous repayment date of 30 September 2025 and the new repayment date of 31 January 2026. Other than these amendments, the terms of the facility agreement remain unchanged. The facility continues to be secured, with further advances subject to Keybridge's discretion.
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