NTD.ASX: UPDATED BORROWING FACILITY AND FINANCIAL COVENANTS

UPDATED BORROWING FACILITY AND FINANCIAL COVENANTS

Stock	Ntaw Holdings Ltd (NTD.ASX)
Release Time	30 Jun 2026, 12:21 p.m.
Price Sensitive	Yes

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Ntaw Holdings Updates Borrowing Facility and Financial Covenants

Key Points

NTAW Holdings engages with CBA regarding financial covenants
CBA extends waiver period up to 31 December 2026
New financial covenants introduced for FY 2027
NTAW repays $13.2 million of the CBA borrowing facility
Borrowing facility expires on 30 September 2027

Full Summary

NTAW Holdings Limited (ASX: NTD) has announced an update on its borrowing facility with the Commonwealth Bank of Australia (CBA). The company is continuing to engage with CBA regarding financial covenants. CBA has agreed to extend the waiver period for any default due to non-compliance with certain financial covenants up to and including 31 December 2026. New financial covenants for the financial year ended 30 June 2027 have been introduced. NTAW previously announced that CBA waived any default up to 30 June 2026. Since 30 June 2025, NTAW has repaid $13.2 million of the CBA borrowing facility. The borrowing facility remains in place with an expiry date of 30 September 2027.

Outlook

CBA has indicated continued support to ensure alignment with NTAW's current trading environment.