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FINWIRES

Atlas Arteria Reports Broadly Flat Q2 Toll Revenue, Secures AU$150 Million Debt Facility

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Atlas Arteria (ASX:ALX) said proportionate toll revenue for the three months ending June 30 was broadly in line with the prior corresponding period, down 0.3% excluding foreign exchange movements and 8.1% lower on a reported basis due to currency impacts, according to a Wednesday Australian bourse filing.

The company said it has executed a new three-year corporate term loan facility of AU$150 million, in addition to the existing AU$50 million working capital facility extended for a further three years in May, with the working capital facility remaining undrawn.

Debt drawn under the AU$150 million term loan bears interest at 1.90% over the bank bill swap rate, the filing added.

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