BOL 0.00% 14.0¢ boom logistics limited

News: BOL Boom Logistics updates on refinancing, full year forecast

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    July 11 (Reuters) - Boom Logistics Ltd (BOL) :

    • Says Boom Logistics Ltd has secured credit approval for a new long term $57.5 million finance package
    • $25 million funding on the facility is provided in respect of a parcel of cranes with a written down value of approximately $38 million
    • Boom expects trading EBITDA to be circa $11.0 - $11.2 million for the full year
    • Group expects to retain positive growth momentum into FY 2017"
    • Says severe weather has impacted projects along the eastern seaboard in the month of June
 
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