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WT Financial Group Ltd. ( (AU:WTL) ) just unveiled an announcement.
WT Financial Group Limited has amended its corporate debt facility with Altor Capital Management, extending the maturity date to August 2028 and increasing the facility ceiling from $6.7 million to $11.7 million. This strategic financial move allows the company to enhance its liquidity and operational flexibility, potentially strengthening its market position and offering more robust support to its network of financial advisers.
More about WT Financial Group Ltd.
WT Financial Group Limited is one of the largest financial adviser networks in Australia, offering wealth management, retirement planning, and personal risk insurance advice through around 400 privately-owned advice practices. These practices operate under its subsidiaries, including Wealth Today, Sentry Advice, Synchron Advice, and Millennium3. The company also provides direct financial advice services to wholesale and retail clients via its Spring Financial Group brand, and supports advisers with market-leading services, professional development programs, and financial literacy publications.
Average Trading Volume: 101,557
Technical Sentiment Signal: Buy
Current Market Cap: A$41.06M
For an in-depth examination of WTL stock, go to TipRanks’ Overview page.