VTL confirms extension of existing corporate debt facility

Vital Limited (VTL) has announced the renewal of its banking facility with Bank of New Zealand (BNZ) for a further one year term, to January 2025.

This follows an 8% or $1.1m net debt reduction during FY22 and is part of Vital's ongoing performance reset.

The facility limits, terms and covenants remain unchanged, as does the pricing.

CEO Jason Bull can be contacted for further information.