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Tech & Innovation
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BNZ waives Enprise Group’s banking breach

Software reseller’s first-half operating loss triggered a breach of debt covenants.

Listed tech company Enprise Group has got some breathing room after its bank let it off a covenant breach.

The IT investment company flagged in February that operating losses would see it breach banking covenants on interest cover and financial debt ratios, but it had sought to have this breach

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Calida Stuart-Menteath Mon, 28 Mar 2022
Contact the Writer: calida@nbr.co.nz
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BNZ waives Enprise Group’s banking breach
Tech & Innovation,
90995
true