Interest covenant waiver
A: 78 Apollo Drive, Rosedale, Auckland 0632, New Zealand
PO Box: 302-533 North Harbour, Auckland 0751, New
Zealand
P: + 64 9 477 4500 E: info@aofrio.com
® is a registered Trademark of AoFrio Ltd.
12 December 2023
Market Announcement
For immediate release
Bank gives waiver for potential interest covenant breach
On 26 October AOF reported that it is at risk of breaching one of its financial year end banking covenants,
relating to interest coverage ratio and that a formal waiver of the breach was to be sought from the bank.
The Bank has now advised that it waives its right to take further action in relation to this potential breach.
Contact
Greg Balla Howard Milliner
Chief Executive Officer Chief Financial Officer
Phone + 64 21 938 601 +64 27 587 0455
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- ALF — Allied Farmers Limited: SPH Notice – WAF Limited (WAF)2023-09-13
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- ALF — Allied Farmers Limited: SPH Notice – WAF Limited (WAF)2023-10-03
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- ALF — Allied Farmers Limited: SPH Notice – WAF Limited (WAF)2023-09-21
“2 Details after relevant event Details for WAF Nature of relevant interest(s): Beneficial owner of ordinary shares in Allied Farmers. A relevant agreement document is not required to be attached to this notice. For that relevant interest,— (a)number held in cla…”