Dear Shareholder
Shareholders may be aware that BML’s finance facility of $220 million is due to expire on 31 July 2025.
We are pleased to announce that BML has today completed a refinance process and has entered into a new multi-bank facility for a further period of 3 years, expiring on 31 July 2028. The new finance arrangement maintains Westpac as the cornerstone lender to the company and introduces Rabobank as the second lender. The new facility in place has a limit of $220 Million, with a further $30 Million accordion facility in place to facilitate future growth, should the need arise.
The terms documented within the new finance facility are equal to or better than the terms that were in place under the expiring facility.
Andrew Young
Managing Director and CEO
Shareholders interested in buying or selling shares in BML, or who need any information in this regard, may register their interest by clicking here or to sell your shares, please click here.
For more information regarding this notice, please contact BML on (07) 3915 4200.