Donaco International Limited (ASX:DNA) Refinancing of Working Capital Facility
Donaco International Limited (ASX:DNA) has refinanced its USD20 million working capital facility that was announced to the ASX on 23 June 2015 and 1 July 2015. The refinancing will save the Company approximately USD3.8 million in financing costs over the next two financial years (FY17 and FY18), compared to the cost of repaying the facility in accordance with its original terms.