360 Capital Group

Capital management

As at 30 June 2016, the Group had total borrowings of $75.0 million in 5 year unsecured notes with a fixed interest rate of 6.9%.

Going forward, the Group does not plan to borrow outside its corporate bond issue, which will see reduced interest expense in FY17.

Over the next year, the Group expects to have access to cash reserves with which to continue to grow the Group and maintain its capital light strategy.