Radius Care (NZX: RAD) has confirmed an amendment to the terms of its lending arrangements with ASB, removing the requirement to have $30m of equity commitments.
The company is proactively working on a debt management program, with progress to be reviewed on or before 30 September 2023.
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The S&P/NZX 50 Index advanced 107.84 points, or 0.9%, to 12,555.52.
The busy executive has been keen to restore her work-life balance.
A new pricing regime comes as the company seeks amendments to loan covenants.
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