Brief: Arborgen Holdings Says Co Has Repaid US$2.88 Mln Of Sub-Ordinated Debt Raised In 2019

Arborgen Holdings

29/12/2021 01:19

Dec 29 (Reuters) - Arborgen Holdings Ltd  ARB.NZ :
    * CO HAS REPAID US$2.88 MILLION OF SUB-ORDINATED DEBT RAISED
IN
2019
    * ALSO REDUCED ITS SYNOVUS WORKING CAPITAL FACILITY BY
US$5.5
MILLION
    * BUSINESS IN BRAZIL HAS EXECUTED AN AGREEMENT TO ACQUIRE AN
8-10
MILLION CAPACITY PINE NURSERY LOCATED IN CANOINHAS, SANTA
CATARINA, BRAZIL
    * ACQUISITION COST IS ESTIMATED AT US$0.7 MILLION


Further company coverage:  ARB.NZ 

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