AMA Group's response to media speculation

AMA Group Limited (ASX: $AMA) responds to media speculation reported in the Australian Financial Review. The Group confirms that it is progressing its debt refinancing and anticipates finalizing the new arrangements in the second half of 2024. The Group is exploring various refinancing structures and clarifies that these options do not involve an asset sale. AMA Group commits to keeping the market informed in line with its continuous disclosure obligations.

Executive Commentary

The Group is focused on the ongoing process of debt refinancing and is actively evaluating different refinancing structures to ensure the best outcome for the Group and its stakeholders. It's important to note that the options being considered do not include any asset sale. AMA Group remains committed to transparent communication with the market and will continue to provide updates as the refinancing progresses.

Summary of AMA Group's Announcement

AMA Group (ASX: $AMA) has responded to media speculation by confirming its dedication to progressing the debt refinancing and expects to finalize the new arrangements in the second half of 2024. The Group emphasizes that the refinancing options being explored do not involve any asset sale. AMA Group reiterates its commitment to fulfilling continuous disclosure obligations and pledges to keep the market informed as the refinancing process unfolds. The Group's proactive approach to addressing media speculation reflects its focus on maintaining transparency and providing clarity to its investors and stakeholders.