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Lifeline for Altura as losses mount

Funders agree to delay debt repayments and waive interest

Haydn Black
Altura has finalised a financing deal.

Altura has finalised a financing deal.

Altura, which breached its debt covenants in September and December, has inked new agreements with its lenders, led by US fund Castlelake, to extend the maturity of the existing US$161 million loan facility...

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