Loan from Resimac Group Limited

Summary by AI BETAClose X

UIL Limited announced on September 25, 2025, that it has entered into a A$15 million loan facility with Resimac Group Limited. The loan, which will be fully drawn, carries an interest rate of 8.0% per annum. Repayment is due on December 27, 2025, unless an extension is agreed. The funds will be used for general corporate purposes. UIL owns 31.6% of Resimac, making Resimac an associated undertaking and related party.

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