debt
confidence high
sentiment neutral
materiality 0.60
Lesaka reduces Senior Facility E by ZAR 500M to ZAR 900M
LESAKA TECHNOLOGIES INC
- On Jan 22, 2024, Lesaka amended Senior Facility E from ZAR 1.4B to ZAR 0.9B via FirstRand Bank.
- Reduction represents ~36% decrease in available commitment under the facility.
- USD/ZAR exchange rate at amendment date was 19.14 (approx. USD 47M reduction).
- Amendment documented in Letter of Agreement dated Jan 22, 2024, effective upon signature.