Vital renews banking facility with Bank of New Zealand

Vital Limited (NZX:VTL) announced today the renewal of its corporate debt facility with Bank of New Zealand (BNZ), extending it to January 2028. This renewed facility provides Vital with sufficient headroom to support new business initiatives and to pursue strategic growth opportunities aimed at enhancing long-term shareholder value. According to the announcement, the renewal maintains the existing facility limits, with only minor amendments to terms and covenants. The pricing, specifically the margin over base rate, remains unchanged. Jason Bull, CEO of Vital, is available for further information regarding the debt facility renewal.