Vital extends corporate debt facility to January 2028
GENERAL
Wed, Apr 30 2025 12:19 pm
30 April 2025
Vital extends corporate debt facility to January 2028
Vital Limited (VTL), a specialist radio and fibre network services provider advises that its banking facility with Bank of New Zealand (BNZ) has been renewed to January 2028.
This facility provides sufficient headroom to enable Vital to support new business and pursue strategic growth opportunities to deliver long-term value for shareholders.
Under the renewal the facility limits remain unchanged, with only minor amendments to terms and covenants.
The pricing (i.e. the margin over base rate) is also unchanged.
For further information please contact:
Jason Bull
CEO
027 497 4548
ENDS
Announcement PDF
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