The facility from the Commonwealth Bank of Australia is offered in two equal tranches of A$75m ($77m) each with terms of 3 and 4 years.
Ausdrill is also looking for funding options to support its African based businesses, which is expected in growth stage.
The company stated it expects to retain its conservative approach to gearing; however, with the growth that the company expects over the medium term, new facilities that will fund that growth will are set to be placed.
Ausdrill has operations across Australia, Africa and the UK and has nearly 5,000 employees worldwide.
