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Clime Capital Limited ( (AU:CAM) ) just unveiled an update.
Clime Capital Limited has announced a proposed restructure of its Convertible Redeemable Notes, offering significant benefits to noteholders. The proposal includes an increase in the interest rate from 5.25% to 6.5% per annum, a change in interest payment frequency from quarterly to monthly, and an extension of the maturity date to November 2028. Noteholders will have the flexibility to redeem, convert, or hold their notes under the new terms. This move is expected to enhance the attractiveness of the investment and provide more options to investors.
More about Clime Capital Limited
Clime Capital Limited operates in the financial services industry, focusing on investment management and related financial products. The company offers various investment opportunities and services, catering to a diverse range of clients and stakeholders.
Average Trading Volume: 120,064
Technical Sentiment Signal: Sell
See more insights into CAM stock on TipRanks’ Stock Analysis page.