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Home Consortium Ltd ( (AU:HMC) ) has provided an announcement.
HMC Capital Ltd has secured commitments from existing lenders to extend and increase its revolving debt facility from $675 million to $715 million, with the maturity date now set for November 2027. This move is aimed at supporting HMC’s strategic initiatives and maintaining a strong balance sheet, reflecting lender confidence in its business model and aiding in the execution of its funds management strategy, particularly in the energy transition sector.
The most recent analyst rating on (AU:HMC) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
More about Home Consortium Ltd
HMC Capital is an ASX-listed diversified alternative asset manager focused on real estate, private equity, energy transition, digital infrastructure, and private credit. The company manages approximately $18.7 billion on behalf of institutional, high net worth, and retail investors, leveraging a team with deep investment and operational expertise.
Average Trading Volume: 2,834,918
Technical Sentiment Signal: Sell
Current Market Cap: A$1.2B
For an in-depth examination of HMC stock, go to TipRanks’ Overview page.