Wisr refinances corporate debt facility

Open PDF
Stock Wisr Ltd (WZR.ASX)
Release Time 13 Nov 2025, 8:28 a.m.
Price Sensitive Yes
 Wisr refinances corporate debt facility
Key Points
  • Materially lower interest margin and reduced drawn balance
  • Accelerates pathway to expected Cash NPAT profitability in H2FY26
  • Retains $10.0M in committed funding and $12.5M in uncommitted capacity
Full Summary

Wisr Limited (ASX: WZR) has executed an agreement for a new $50.0M corporate debt facility with FC Capital, refinancing the company's existing facility. The refinance delivers a material reduction in the company's interest margin, accelerating its pathway to profitability. Following the Placement announced on 7 November 2025, Wisr will utilise part of the proceeds to reduce the drawn balance of the corporate debt facility from $35.0M to $27.5M, and retains a further $10.0M in committed funding and $12.5M in uncommitted capacity to support its strategic growth plans. The new facility has a 3-year bullet payment on maturity and is a senior secured facility. Wisr was advised by Neu Capital on this transaction. Wisr's Chief Financial Officer, Mr Matthew Lewis, stated that the new corporate facility on improved terms marks another important milestone in Wisr's capital optimisation strategy, with the combination of a lower interest margin and the reduced drawn balance meaningfully lowering interest expense and accelerating the company's pathway to profitability. These initiatives strengthen Wisr's balance sheet, enhance liquidity and flexibility, and reaffirm the company's commitment to achieving Cash NPAT profitability in H2FY26.

Guidance

The refinance delivers a material reduction in the company's interest margin, accelerating its pathway to expected Cash NPAT profitability in H2FY26.