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Interest covenant waiver

12/12/2023, 08:43 NZDT, GENERAL

On 26 October AOF reported that it is at risk of breaching one of its financial year end banking covenants, relating to interest coverage ratio and that a formal waiver of the breach was to be sought from the bank. The Bank has now advised that it waives its right to take further action in relation to this potential breach. End CA:00423293 For:AOF Type:GENERAL Time:2023-12-12 08:43:58