Yowie Group Ltd Increases Debt Facility
Key points
- Yowie Group Ltd increased its debt facility from A$2.5M to A$3.5M
- Facility remains secured with Keybridge Capital
- Maturity date set at 31 August 2026
Full summary
Yowie Group Ltd (ASX: YOW) has amended the terms of its secured working capital loan facility with Keybridge Capital Limited (ASX: KBC). The facility limit has been increased from A$2.5 million to A$3.5 million, excluding any capitalised interest. The maturity date remains 31 August 2026, with potential for further extension by Keybridge in writing. The facility is secured by Yowie Group Ltd's assets, and any further advances are subject to Keybridge's discretion. This amendment follows previous adjustments to the facility, including an increase to A$2.5 million and the extension of the maturity date.
Guidance
Facility limit increased to A$3.5M, maturity date 31 August 2026
Outlook
The increased facility provides Yowie Group Ltd with additional financial flexibility to support its operations and growth initiatives.
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