4 stories mentioning ASX:CLWUpdated 15d ago
Every FINWIRES story that references ASX:CLW, newest first.
Charter Hall Long WALE REIT (ASX:CLW) said BlackRock Group became a substantial holder in the company on July 17 with a 5% voting power, according to a Wednesday Australian bourse filing.The company's shares rose 1% in recent Wednesday trade.
Charter Hall Long WALE REIT (ASX:CLW) said BlackRock Group became a substantial holder of the firm on Tuesday, acquiring voting power of 5.01%, according to a Friday Australian bourse filing.The group holds 36.1 million ordinary shares of the firm.Charter Hall's shares rose nearly 1% in recent trading on Friday.
Charter Hall Long WALE REIT (ASX:CLW) declared a quarterly dividend of AU$0.064 per share, payable Aug. 14 to shareholders on record as of June 30, according to a Friday Australian bourse filing.The real estate investment trust paid AU$0.63 per share a year earlier.The REIT's shares rose past 1% in recent Friday trade.
Charter Hall Long WALE REIT (ASX:CLW) has completed a major refinancing of its balance sheet, securing a new AU$2 billion debt platform spread across 10 lending counterparties, according to a Wednesday filing with the Australian bourse.The restructure replaces the company's prior unsecured debt arrangement and fully refinances its existing obligations, including the repayment of its medium-term notes in the Australian bond market, per the filing.The new arrangements extend the company's weighted average debt maturity by 1.6 years to 4.3 years, with staggered maturities from fiscal 2029 to fiscal 2032, while also enhancing financial flexibility through increased covenant headroom, the filing said.The weighted average credit margin has been lowered by around 20 basis points, with revised covenants establishing a maximum loan-to-value ratio of 65% and a minimum interest cover ratio of 1.5 times, the filing added.
