Execution of Loan Facility Agreement
Filed with ASX · · 2 pages · English
Summary by 6ix AI
Australian Dairy Nutritionals Limited has executed a loan facility agreement with RELI Capital Ltd for a secured loan to support its working capital needs. The loan facility is for a maximum amount and is secured against the Group’s dairy farm and other assets. The agreement outlines various terms including interest rates, fees, and conditions for drawdown and repayment. This funding is intended to provide stability for the Group's operations and strategy moving forward.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
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