ASX Announcement
Wellard Ltd (ASX:WLD) (Wellard or the Company) is pleased to announce it has signed an agreement with the Commonwealth Bank of Australia (CBA) to extend the maturity date of its existing $50 million facility with CBA from December 2016 to December 2017.
The extended facility enables Wellard to maintain financial flexibility and capture opportunities when sourcing cattle and sheep. The material terms of the facility were disclosed in section 4.5.3.1.1 of the Company’s IPO prospectus released on the ASX platform on 4 December 2015.
For further information:
Investors
Mauro Balzarini, Managing Director
Greg Wheeler, Finance Director
Phone: + 61 8 9432 2800
Media
Cameron Morse, FTI Consulting
Phone: + 61 8 9485 8888
Mobile: +61 (0) 433 886 871