Refinancing completes and repays PURE in full
09/11/2026 17:19 NZDT, MKTUPDTE
Locate Technologies Limited (NZX: LOC) confirms that it has completed the refinancing announced on 6 November 2026.
Proceeds from its A$3.5 million senior secured debt facility (A$3.0 million drawn) and the A$1.0 million convertible note, together with existing cash, have been used to repay the PURE Asset Management facility in full (A$4,039,254.79).
PURE has released all of its security over the Group, and the convertible note has been issued.