Engineering contractor Clough has extended its $200 million finance facility with a consortium of banks for a further three years.
Chief financial officer Neil Siford said the bond and debt facility continued the company’s strong relationship with the group of lenders.
The consortium comprises HSBC Bank Australia, Commonwealth Bank of Australia, national Australia Bank and the Export Finance and Insurance Corporation.
“We have been very pleased with the improved terms provided by our funders and welcome their continued support for our business in this time of strong growth,” Mr Siford said.
Clough shares were lightly traded on the ASX today, finishing steady at 83.5 cents.