Senior credit and working capital facilities established (30/07/10)
Vector Limited today announced that it has successfully established a new NZ$50 million senior credit facility and new NZ$125 million working capital facility. These facilities will expire in August 2013 and December 2013 respectively and will be used for general corporate purposes.
These facilities replace the existing $125 million senior credit facilities and $150 million working capital facility that were due to expire in August 2010 and December 2010 respectively. There is currently no cash drawn down from either of these facilities.
