EOS Repays Second Debt Instalment on Schedule

Electro Optic Systems Holdings Limited (ASX: $EOS) has successfully completed the repayment of a $20.5 million debt instalment on schedule. This repayment follows the prior repayment of $26.9 million in September 2023 under a separate 12-month working capital facility. As of now, EOS has repaid 50% of the principal amounts originally due to Washington H. Soul Pattinson and 100% of the Working Capital Facility amounts, with the only outstanding amount relating to a Term Loan Facility.

Executive Commentary on Debt Repayment

The completion of the $20.5 million debt repayment demonstrates EOS's commitment to fulfilling its financial obligations. We are pleased to have met this milestone, which reflects our prudent financial management and ability to adhere to the agreed repayment schedule. This repayment further strengthens our position and underscores our dedication to maintaining a healthy financial standing. We remain focused on managing our debt obligations responsibly and look forward to achieving further milestones in line with our financial strategy.

Summary of EOS Debt Repayment Announcement

Electro Optic Systems Holdings Limited (ASX: $EOS) has successfully repaid a $20.5 million debt instalment on schedule, following the prior repayment of $26.9 million in September 2023. The company has now repaid 50% of the principal amounts originally due to Washington H. Soul Pattinson and 100% of the Working Capital Facility amounts, with the only outstanding amount relating to a Term Loan Facility. The repayment reflects EOS's commitment to fulfilling its financial obligations and maintaining a healthy financial standing. Looking ahead, EOS aims to continue managing its debt obligations responsibly and meeting future repayment milestones in line with its financial strategy.