COLLECTION HSE 
By ASX Announcement
29 January 2014 Collection House enters into Syndicated Loan Facilities
Collection House Limited (ASX Code: CLH) is pleased to announce that it has entered into a Syndicated Loan Facility with Westpac Banking Corporation (Westpac) and Commonwealth Bank of Australia (CBA).
The syndicated facility replaces the current facility with Westpac, and delivers on the previously announced strategy to reduce risk via the diversification of funding sources.
This change to the funding profile of the business was initiated at the sole discretion of the Company in conjunction with its strategy to reduce the level of balance sheet gearing. Westpac has and continues to be supportive of this initiative.
The new financing arrangements will be in place until January 2017. Pricing and terms are not materially different to the prior arrangements held solely with Westpac.
The Company is pleased to have the support of two of Australia's leading banks as part of its new platform for future growth.
Collection House Limited is Australia's leading receivables manager. With over 700 staff, our core business is providing receivables management, debt collection, debt ledger purchasing and legal services to support collection activities. We are listed on the Australian Securities Exchange and operate throughout Australia, New Zealand and The Philippines.
For more information please contact:
Head Office
Level 7, 515 St Paul's Terrace, Fortitude Valley, Qld 4006, Australia
PO Box 2247, Fortitude Valley BC, Qld 4006, Australia
Tel +61 7 3292 1000 Fax +61 7 3832 0222
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