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Ama Group Limited ( (AU:AMA) ) just unveiled an announcement.
AMA Group Limited has secured new debt facilities totaling $110 million from two major Australian banks, which will replace the existing $97.5 million debt facilities due to expire at the end of 2025. This new financial arrangement, featuring improved terms and cost-efficiency, will support AMA’s operational and growth plans in the collision repair market, reflecting the banks’ confidence in the company’s future and management.
More about Ama Group Limited
YTD Price Performance: -11.67%
Average Trading Volume: 4,420,334
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$253.5M
Find detailed analytics on AMA stock on TipRanks’ Stock Analysis page.