debt
confidence high
sentiment neutral
materiality 0.60
Lesaka adds ZAR 250M facility, extends ZAR 665M debt maturity to Feb 2025
LESAKA TECHNOLOGIES INC
- Additional ZAR 250M unsecured general banking facility at SA Prime + 1.80% (prime 11.25%).
- Existing ZAR 665M facility maturity extended from Dec 13, 2024 to Feb 28, 2025.
- GBF available until Feb 28, 2025; board resolutions required by Dec 13, 2024 as condition.
- USD/ZAR exchange rate on Dec 9 was 17.88; ZAR 250M ~ $14M.