Business
Loan from Resimac Group Limited
UIL Limited announced on September 25, 2025, that it has entered into a A$15 million loan facility with Resimac Group Limited. The loan, which will be fully drawn, carries an interest rate of 8.0% per annum. Repayment is due on December 27, 2025, unless an extension is agreed. The funds will be used for general corporate purposes. UIL owns 31.6% of Resimac, making Resimac an associated undertaking and related party. Disclaimer*
About this update from Uil Finance Ltd Zero Div Pfd Registered Shs 2018-31.10.26
[{"type":"text","content":"\n\n25 September 2025\n \nUIL LIMITED\n(LEI Number: 213800CTZ7TEIE7YM468)\n \nLoan from Resimac Group Limited\n \nUIL Limited (\"UIL\") announces that it has today entered into a A$15 million loan facility with Resimac Group Limited (\"Resimac\"), a leading non-bank lender listed on the ASX. Resimac is a subsidiary of Somers Limited (\"Somers\") while UIL owns 31.6% of Resimac (both through shares held directly by UIL and indirectly through Somers). Resimac is therefore considered an associated undertaking and related party for the purposes of DTR 7.3.\n \nThe loan, which will be drawn down in full and used for general corporate purposes, has an interest rate of 8.0% per annum and is repayable on 27 December 2025, unless extended.\n \nName of contact and telephone number for enquiries:\n \nCharles Jillings\nICM Investment Management Limited\nTelephone: 01372 271486\n\n","length":1833,"tagName":"div"}]
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