• DGL Group Ltd has entered new funding arrangements with ScotPac Business Finance
• The new $120 million facility has a maturity date of 27 March 2028
• The new facility provides greater flexibility and frees up working capital

DGL Group Limited (ASX: DGL) has advised that the company has entered new funding arrangements with ScotPac Business Finance (ScotPac), effective today. The previous financing facility held with the banking syndicate lead by ANZ Banking Group was due to mature on 31 March 2027 and has been replaced by facilities totalling up to $120 million provided by ScotPac with a maturity date of 27 March 2028. CEO, Simon Henry stated that the new finance facility entered with ScotPac provides the business with greater flexibility and frees up working capital. The timing of the new arrangement complements the broader management restructure and consolidation program that has been undertaken over recent months. DGL is committed to maintaining its strong balance sheet, and the company looks forward to the partnership with ScotPac as the business enters a new and exciting chapter.

The new $120 million finance facility with ScotPac Business Finance has a maturity date of 27 March 2028.