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GWA Group Limited ( (AU:GWA) ) has shared an announcement.
GWA Group Limited has extended the maturity of its syndicated banking facilities to October 2028 and reduced the total commitments under the facilities from A$180 million to A$165 million, with Citisecurities Limited remaining as facility agent and a lender group including HSBC, Commonwealth Bank of Australia and Citibank. The refinancing and downsizing of the facility strengthen GWA’s funding certainty over the medium term while reflecting a recalibrated borrowing need, underscoring continued confidence and support from its core banking partners and providing stakeholders with greater visibility on the company’s capital structure and liquidity profile.
The most recent analyst rating on (AU:GWA) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on GWA Group Limited stock, see the AU:GWA Stock Forecast page.
More about GWA Group Limited
GWA Group Limited is an ASX-listed company; while this announcement does not specify its industry, the group operates with syndicated banking facilities arranged through major international and Australian banks, indicating a capital-intensive business with established relationships in institutional debt markets.
Average Trading Volume: 270,151
Technical Sentiment Signal: Buy
Current Market Cap: A$647.1M
See more data about GWA stock on TipRanks’ Stock Analysis page.