Facility Loan Agreement
GENERAL
Wed, Dec 15 2021 08:54 am
15 December 2021
Facility Loan Agreement
Gentrack Group Limited (NZX/ASX: GTK) confirms today that it has entered into a facility loan agreement with the Bank of New Zealand replacing the existing facility with ASB Bank Limited which expires in March 2022. The new NZ$25m facility has a three-year tenor and includes ancillary and transactional banking arrangements. Closing is subject to customary completion matters.
ENDS
Contact details regarding this announcement:
Pip White – Company Secretary
+64 22 0965576
About Gentrack
Gentrack designs, builds and delivers the high-performing, cloud-first revenue and customer experience solutions found at the heart of leading utilities and airports around the world. Our customers lead in some of the most deregulated and innovative markets in the world; pioneering innovation, driving effective transformation in the management and delivery of two of our planet’s most precious resources; energy and water. More information: www.gentrack.com
Announcement PDF
Markets News
Markets
Market Close
NZ stocks end lower while Eroad tanks
The S&P/NZX 50 Index dropped 99.89 points or 0.75% to 13,289.21.
Retail
Macpac NZ profits drop 71% as softer sales hit margins
The sales drop in New Zealand was larger than Kathmandu's.
Markets
Eroad shares slump 23% as it shifts focus from North America
Eroad cuts North America exposure, impairing $150m in assets.
