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Clime Capital Limited ( (AU:CAM) ) just unveiled an update.
Clime Capital Limited announced the successful closure of its Convertible Redeemable Notes Offer, which was oversubscribed. The offer saw strong interest with $6.8 million in subscriptions from existing noteholders and approximately $12 million from shareholders and third parties. The Board has capped the total number of notes at 40 million, highlighting the portfolio’s strong performance. The notes offer a 6.5% fixed annual interest, paid monthly, and the option to convert into ordinary shares or redeem at maturity.
More about Clime Capital Limited
Clime Capital Limited operates in the financial industry, focusing on investment management services. The company is known for its portfolio management and investment products, catering primarily to shareholders and noteholders in the Australian market.
Average Trading Volume: 144,184
Technical Sentiment Signal: Buy
Learn more about CAM stock on TipRanks’ Stock Analysis page.