Charter Hall Group Completes Re-financingright-arrow
read-time1 mins
by Charter Hall Announcements

To access this part of the website, please select your country of residence from the following list.

The country of my primary residence is:

Due to legal restrictions, access to this website is only available to residents of Australia and New Zealand from within Australia or New Zealand. In order to access this website, you must provide the State, Territory or Province and postcode for your primary residential address within Australia or New Zealand.

The State or Territory of my primary residence in Australia or the Province of my primary residence in New Zealand is:

Due to legal restrictions, access to this website is only available to residents of Australia and New Zealand from within Australia or New Zealand. In order to access this website, you must provide the State, Territory or Province and postcode for your primary residential address within Australia or New Zealand.

The State or Territory of my primary residence in Australia or the Province of my primary residence in New Zealand is:

By proceeding you confirm that you are a resident of Australia or New Zealand accessing this website from within Australia or New Zealand and you represent, warrant and agree that:

  • you are not in the United States or a “U.S. person”, as defined in Regulation S under the U.S. Securities Act of 1933, as amended (“U.S. Person”), nor are you acting for the account or benefit of a U.S. Person;
  • you will not make a copy of the documents on this website available to, or distribute a copy of such documents to, or for the account or benefit of, any U.S. Person or any person in any other place in which, or to any other person to whom, it would be unlawful to do so; and
  • the state, territory or province and postcode provided by you below for your primary residence in Australia or New Zealand are true and accurate.

I agree to the above terms Yes or No.

Unfortunately, legal restrictions prevent us from allowing you access to this website. If you have any questions, please contact us by e-mail by clicking on the link below.

Contact Us

 

Today, the Charter Hall Group (ASX:CHC) is pleased to announce that it has refinanced its $200 million secured corporate facility with a new senior unsecured $200 million credit facility plus an additional $20 million unsecured facility to support the provision of bank guarantees. The new credit facility is currently undrawn.

In addition to moving the corporate borrowing to an unsecured format and separately providing additional capacity for bank guarantees, the maturity profile has been extended from November 2020 to May 2023.

CHC Chief Financial Officer Russell Porut said:

 

“These new 5-year unsecured facilities reflect the continued development of the Charter Hall platform in terms of scale of operations and access to capital and we are appreciative of the strong support of our lending partners".