LIC underpins growth strategy with long-term debt facilities

Lifestyle Communities Limited (ASX: LIC) advises that it has agreed arrangements to restructure and right-size its existing debt facilities. The new facilities will be used to refinance the Group’s existing debt and provide ongoing funding flexibility for the Group’s operations. The new facilities comprise: • a $300.0 million Note Purchase and Private Shelf Facility with an initial issuance of $25