Diversified and Lower Cost Debt Facilities

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Stock Solvar Ltd (SVR.ASX)
Release Time 7 Nov 2025, 10:34 a.m.
Price Sensitive Yes
 Solvar Secures Diversified and Lower-Cost Debt Facilities
Key Points
  • New $487 million warehouse facility with competitive pricing
  • Improved repricing of existing $270 million warehouse facility
  • Anticipated pre-tax interest cost savings of ~$4 million in FY27
  • Total funding capacity increased by ~$250 million to ~$1.2 billion
Full Summary

Solvar Limited (ASX: 'SVR' or 'Solvar' or 'Group'), the leading provider of specialist finance, has announced enhancements to the debt facilities of its Money3 business unit. The new arrangements include a new competitively priced $487.0 million warehouse facility limit and an improved repricing of the existing warehouse facility, resized to a $270.0 million limit (from $510.0 million) with flexibility to expand funding limits when required. These changes are expected to result in anticipated pre-tax interest cost savings of approximately $4.0 million in FY27 based on current combined debt utilisation. Both warehouse facilities have a two-year funding availability period, with the ability to extend. The total funding capacity has increased by approximately $250.0 million to around $1.2 billion, providing significant headroom to support ongoing loan book growth. The revised funding structure enhances Money3's financial flexibility and demonstrates Solvar's ongoing ability to optimise its funding mix while reducing borrowing costs, improving the Group's ability to compete in the market, support attractive margins, and facilitate disciplined loan book growth.