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Harvey Norman Signs A$560 Million of Loans to Refinance Debt

Dec. 14 (Bloomberg) -- Harvey Norman Holdings Ltd., Australia’s biggest furniture and electrical retailer, signed A$560 million ($557 million) of revolving loans, according to data compiled by Bloomberg.

The two-year facilities will be used to refinance debt, the data show. In a revolving facility money that’s been repaid can be borrowed again.

To contact the reporter on this story: Lisa Pham in Sydney at lpham14@bloomberg.net.

To contact the editor responsible for this story: Will McSheehy at wmcsheehy@bloomberg.net

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