24/06/2026
A$110 million in consolidated funding with A$20-30M of headroom at seasonal peaks - that's the kind of financial flexibility that turns growth ambitions into contracted revenue.
Schoolblazer Group has secured a conditional A$110 million global trade finance and term debt facility with Westpac Banking Corporation, replacing fragmented banking arrangements with a single integrated structure. The facility comprises A$45M in 5-year term debt and up to A$65M in seasonal trade finance that flexes with the Northern Hemisphere back-to-school cycle. Completion is expected prior to 30 June 2026, with the company reporting a material reduction in blended cost of debt compared to previous arrangements.
Executive Chairman Tim James explained: "Westpac's Education sector capability and global reach make them an ideal long-term partner as we grow our contracted school base across the UK, Australia, New Zealand and beyond. The unified facility simplifies our balance sheet, reduces our cost of debt and provides the funding capacity to execute on a sizeable global growth pipeline." The facility is secured against Schoolblazer Group assets with no recourse to the listed parent entity, and includes approximately A$20-30M of funding headroom at seasonal peaks to support expansion across the company's c.1,000 contracted schools globally.
Get the complete breakdown of the facility structure and growth strategy: https://stockwirex.com/asx-stock-news/industrials/sbz-schoolblazer-westpac-110m-facility-june-2026/