News

Quarterly Operational Update and COVID-19 Update

Transport technology services company EROAD today released its regular quarterly update for the three months ended 31 March 2020 and provided an update on the impacts of COVID-19 on its business. Read more »

EROAD completes refinancing of debt facilities

EROAD has completed the previously signalled refinancing of its debt facilities and has entered into a new syndicated three-year debt facility with Bank of New Zealand and China Construction Bank. Total committed syndicated facilities amount to $60.0 million which includes $36.1 million of term debt, relating largely to refinanced debt, a new $20.0 million capital expenditure facility and a $3.9 million working capital facility. Read more »

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