NTD.ASX: Waiver of Financial Covenants

Waiver of Financial Covenants

Stock	Ntaw Holdings Ltd (NTD.ASX)
Release Time	12 Mar 2026, 1:24 p.m.
Price Sensitive	Yes

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NTAW Secures Waiver of Financial Covenants

Key Points

CBA agrees to waive any default on financial covenants until June 2026
NTAW has repaid $14.6 million of CBA borrowing facility
CBA remains supportive of NTAW's current trading environment

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 17 December 2025 that CBA had agreed to waive any default by means of non-compliance with financial covenants up to and including 31 March 2026. 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 30 June 2026. Since 30 June 2025, NTAW has repaid $14.6 million of the CBA borrowing facility, with additional repayments planned for the 2027 financial year. CBA has indicated its 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.