Macmahon Increases Syndicated Debt Facility

Macmahon Holdings Limited (ASX: MAH) has successfully increased its Syndicated Debt Facility by AU$80 million, bringing the total facility to AU$330 million. The new tranche, Tranche E, which matures in September 2026, was arranged with HSBC as the Mandated Lead Arranger and Bookrunner. This increase is part of Macmahon's capital management strategy, which aims to enhance liquidity and support corporate activities, including the recent acquisition of Decmil.

MacMahon’s Chief Financial Officer, Ursula Lummis, emphasized that the upsizing will support cost-effective, low-capital investments over the next two years. The company secured favorable terms, reflecting the continued confidence of its banking syndicate. Michael Finnegan, Managing Director and CEO of McMahon, authorized this announcement.

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