Spark New Zealand (ASX:SPK) subsidiary extends credit facility

Company News

by Katrina Bullock

A subsidiary of Spark New Zealand (ASX:SPK), has extended the term of its revolving credit facility with Westpac New Zealand.

Spark Finance carries out the borrowing activities for the Spark group.

It has extended its NZ$200 million committed revolving credit facility with Westpac.

The extension is for 3 years and is set to mature on 30 November 2023.

Shares in Spark New Zealand (ASX:SPK) are trading 0.2 per cent higher at $4.45.