The AMA Group increase funds to expand Greenfields sites

Company News

by Rachael Jones

The nation's biggest smash and repair company, the AMA Group (ASX:AMA), has negotiated an increase in its banking facilities with the National Australia Bank (ASX:NAB).

The total value of the debt facilities available to the Company has increased to $100 million.

The Company renegotiated its facilities with NAB to fund its continuing expansion of Greenfields sites and acquisitions.
AMA Group is a leader in the automotive aftercare and accessories market.

Shares in AMA Group (ASX:AMA) are trading 1.44 per cent lower to $1.03