MANAGEMENT

Onsite on song

ONSITE Rentals has fought through recent challenging market conditions in the equipment hire sector and recapitalised its balance sheet to will allow further investment in its fleet and an expansion of its product offerings.

Karma Barndon
Some Onsite products on offer for hire.

Some Onsite products on offer for hire.

Under the recapitalisation Onsite can access a senior facility of $30 million, which will help materially reduce debt and generate significant annual cash interest savings. Also, existing debt maturity...

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