Z Energy Likely to Pay Final Dividend, Covenant Waivers Renegotiated

During the peak of the COVID-19 outbreak last year in May, Z Energy negotiated some covenant waiver on certain debts from its banking syndicate and USPP holders. A condition for the waiver was to halt the distribution of dividend to the shareholders until 1 October 2021. 2.59 AUD +0.0100 (0.39%) trading in green(data source:kalkinemedia)