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

27/11/2020 10:14:00

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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.