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Australian Dairy Nutritionals Group (ASX:AHF)
ALERT: Price-sensitive ASX Announcement for AHF
Current share price for AHF : $0.017 -0.005 (-22.73%)+
Announcement
Release
21 May 2026 8:21AM
Price at Release
$0.022
Full Release
Summary
Australian Dairy Nutritionals Limited has secured a $1.5 million secured loan facility with RELI Capital Ltd for a term of 12 months. The facility agreement was executed on 20 May 2026, with Regen Properties Pty Ltd as the borrower and the Company as a guarantor. The loan is secured against the Group’s dairy farm and offers crucial funding for the Group’s strategic initiatives in FY26 and beyond. The loan has a variable interest rate of 9.74% per annum, and includes an establishment fee of $24,750. The facility's terms include standard provisions for repayment, cancellation, and default conditions.
Key Points
- Loan facility amount is $1.5 million.
- Term of the loan is 12 months.
- Secured by the Group’s dairy farm in Nirranda South.
- Interest rate is 9.74% per annum, prepaid in advance.
- Establishment fee is $24,750 including GST.
- Loan to Value Ratio must not exceed 40%.
- The loan funds are for working capital purposes.
- Executed with RELI Capital Ltd.
- RELI Capital Ltd is a third-party lender, not a shareholder.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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