Emeco has completed the full repayment of its 9.25% US notes and settled the related hedges, following the successful pricing of $250 million 6.25% A$ notes due 10 July 2026 (Notes) on 24 June 2021. The repayment was funded from the Notes issued and cash reserves of the Company and the transaction will result in $9.0 million annual interest and hedging savings. The Company has also formally executed its option to extend its $97 million RCF by two years, to 7 September 2023. All other terms of the RCF remain unchanged.