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NTAW Holdings Limited (ASX:NTD)

ALERT: Price-sensitive ASX Announcement for NTD
Current share price for NTD : $0.200 -0.07 (-25.93%)+
Announcement
Release
17 Dec 2025 12:06PM
Price at Release
$0.270
Full Release
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Summary
NTAW Holdings Limited announced that it has secured an extension for the waiver of financial covenants from the Commonwealth Bank of Australia (CBA) regarding its borrowing facility. Originally, the CBA had agreed to waive any default due to non-compliance with financial covenants until 31 December 2025. This waiver has now been extended to include any non-compliance up to 31 March 2026. Since 30 June 2025, NTAW has made substantial repayments to the tune of $12.3 million and plans further repayments in the 2026 financial year. Consequently, the borrowing facility's limit with CBA has been reduced by $13 million. CBA has reiterated its support for NTAW in alignment with its current trading environment, with the borrowing facility set to expire on 30 September 2027.
Key Points
  • CBA agreed to extend waiver on financial covenants until 31 March 2026.
  • NTAW repaid $12.3 million of borrowing facility since 30 June 2025.
  • Borrowing facility limit reduced by $13 million.
  • CBA continues to support NTAW's trading environment.
  • Borrowing facility expires on 30 September 2027.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.