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102.8
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17,679.55
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40,415.44
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39,716.11
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8,198.78
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67,675.89
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79.95
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2,403.50
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41.42
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102.8
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17,679.55
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40,415.44
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39,716.11
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8,198.78
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0.6690
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79.95
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2,403.50
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102.8
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17,679.55
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40,415.44
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39,716.11
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8,198.78
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0.6690
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67,675.89
(-1.09%)
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79.95
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Gold
2,403.50
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41.42
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Iron Ore
102.8
(-0.66%)
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17,679.55
(0.25%)
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40,415.44
(0.32%)
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39,716.11
(0.3%)
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8,198.78
(0.53%)
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0.6690
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67,675.89
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79.95
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2,403.50
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41.42
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102.8
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17,679.55
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40,415.44
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39,716.11
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8,198.78
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79.95
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2,403.50
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41.42
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102.8
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39,716.11
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79.95
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41.42
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102.8
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40,415.44
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39,716.11
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8,198.78
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67,675.89
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41.42
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102.8
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79.95
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2,403.50
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41.42
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102.8
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17,679.55
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79.95
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2,403.50
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41.42
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Iron Ore
102.8
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39,716.11
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67,675.89
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Oil
79.95
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Gold
2,403.50
(0.37%)
Lithium
41.42
(1.37%)
Iron Ore
102.8
(-0.66%)
Hang Seng
17,679.55
(0.25%)
Dow Jones
40,415.44
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Nikkei 225
39,716.11
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FTSE 100
8,198.78
(0.53%)
USD/AUD
0.6690
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67,675.89
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79.95
(0.21%)
Gold
2,403.50
(0.37%)
Lithium
41.42
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Iron Ore
102.8
(-0.66%)

Nuix (ASX: $NXL) secures A$30 million revolving debt facility

Nuix announces new A$30 million revolving debt facility


Nuix (ASX: $NXL) has entered into a facility agreement with The Hongkong and Shanghai Banking Corporation, Sydney Branch (HSBC) to provide a A$30 million multicurrency revolving credit facility. The facility amount includes a A$2 million bank guarantee sub-limit and has a maturity of three years. The new facility is intended for general corporate purposes, excluding costs associated with litigation, arbitration, or administrative proceedings. Financial close is expected before the end of March 2024.

Executive Commentary on New Debt Facility


This new debt facility is an important step in the development of Nuix's capital structure. While we have no current need for additional funding, the facility provides Nuix with greater flexibility and more options to drive growth as part of the Company's build, buy or partner approach. The implementation of this facility means Nuix's capital base is well positioned to underpin further execution of our strategy.

Summary of Nuix's New Revolving Debt Facility


Nuix (ASX: $NXL) has secured a A$30 million multicurrency revolving credit facility with HSBC. The facility, with a maturity of three years, is intended for general corporate purposes, excluding costs associated with litigation, arbitration, or administrative proceedings. The financial close is expected before the end of March 2024. The Chief Operating Officer and Chief Financial Officer, Chad Barton, highlighted that while there is no immediate need for additional funding, the facility provides Nuix with greater flexibility and options to drive growth as part of the Company's strategy. This move positions Nuix's capital base well for the future execution of its plans.

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