SPC Global (ASX:SPG) is transitioning its senior financing facilities to the Commonwealth Bank of Australia (ASX:CBA) from Scottish Pacific, according to a Tuesday filing with the Australian bourse.
The company secured AU$134 million in new debt facilities through CBA, bringing its total facility to AU$154 million, in line with prior guidance, the filing said.
Settlement is expected to take place on Friday, according to the filing.
SPC Global shares rose 12% in morning trade Tuesday.
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