NTD.ASX: Waiver of financial covenants

Waiver of financial covenants

Stock	Ntaw Holdings Ltd (NTD.ASX)
Release Time	17 Dec 2025, 12:06 p.m.
Price Sensitive	Yes

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NTAW Holdings Ltd waives financial covenants

Key Points

CBA agrees to waive any default by non-compliance with financial covenants up to 31 March 2026
NTAW has repaid $12.3 million of borrowing facility since 30 June 2025
Overall borrowing facility limit reduced by $13 million

Full Summary

NTAW Holdings Limited (ASX: NTD) has announced that it continues to engage with Commonwealth Bank of Australia (CBA) regarding the financial covenants related to its borrowing facility. The company previously announced on 1 October 2025 that CBA agreed to waive any default by means of non-compliance with financial covenants up to and including 31 December 2025. CBA has now further agreed to extend this waiver period and has agreed to waive any default by means of non-compliance with financial covenants up to and including 31 March 2026. Since 30 June 2025, NTAW has repaid $12.3 million of the borrowing facility with additional repayments planned for the 2026 financial year. The overall limit of the borrowing facility with CBA has reduced by $13 million. CBA has indicated their continued support to ensure alignment with NTAW's current trading environment. The borrowing facility remains in place with an expiry date of 30 September 2027.