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 firstname.lastname@example.org.
To contact the editor responsible for this story: Will McSheehy at email@example.com