Accent Resources NL secures new Loan Agreements for refinancing and working capital

Accent Resources NL (ASX:ACS) has announced the decision to enter into new Loan Agreements with existing lenders to refinance $10.1 million of loan facilities due for repayment on 31 December 2024. Additionally, the lenders have agreed to provide an extra $9.5 million in loan facilities for working capital purposes. The Loan Agreements feature 5-year terms from initial drawdown at competitive interest rates and contain standard terms and conditions.

Executive Commentary on Loan Agreements

The Board of Accent Resources NL expresses gratitude to the lenders for their ongoing support of the Company.

Summary of Accent Resources NL's Loan Agreements

Accent Resources NL (ASX:ACS) has successfully secured new Loan Agreements to refinance existing loan facilities and obtain additional funds for working capital. The 5-year terms and competitive interest rates in the Loan Agreements reflect the company's commitment to maintaining financial stability and supporting its operational needs. The Board's acknowledgment of the lenders' ongoing support underscores the positive relationship between Accent Resources NL and its financial partners. The refinancing and additional loan facilities are expected to contribute to the company's continued growth and operational activities.