Collins Foods Limited has completed a refinancing of its syndicated loan facilities, replacing previous facilities of $180 million and €145 million with new revolving facilities of $120 million and €200 million. The refreshed facilities have maturities that extend to 2028 and 2030.
Company executives say the transaction reflects robust banking relationships and a solid credit profile. Management expects the revised financing structure to provide funding flexibility for its growth initiatives in Australia and overseas.
Market analysts currently rate the stock a Buy, with a consensus price target of A$12.20. Investors can consult the AU:CKF stock forecast pages for detailed analyst coverage.
Collins Foods operates and franchises quick-service restaurants, including well-known brands such as KFC and Taco Bell, and continues to pursue both domestic and international expansion.
Key market figures: average daily trading volume 473,242; technical sentiment: Strong Buy; current market capitalisation: A$1.25 billion.
Collins Foods Finalises Syndicated Debt Refinance to Back Expansion
News Site