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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Investment
4 mins to read

Radius keeps options open ahead of looming debt repayment

The company has signalled it needs to pay at least $25m to ASB Bank by October 6.

Radius’s Clare House facility in Invercargill.

Aged care provider Radius Care remains tight lipped about how it plans to pay off its loan facility to ASB Bank later this year.

In its full-year results announcement, Radius said as a condition of extending the repayment date of its $23 million loan facility until October 6 in March, it was

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Nicholas Pointon Mon, 29 May 2023
Contact the Writer: nicholas@nbr.co.nz
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Radius keeps options open ahead of looming debt repayment
Investment,
99297
true