One Managed Investment Funds Limited (OMIFL) in its capacity as responsible entity of the Agricultural Land Trust advises that it has successfully completed the refinance of the Fund's $10 million secured loan and of the Series 5 and Series 8 debentures ($1.6 million). The new facility is fully drawn and has a facility limit of $13 million. The new facility has a term of three years.

The Fund has also recently agreed terms to increase the facility limit on the unitholder loan from $1.8 million to $2.5 million.