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Raffles Education Proceeds with Sixth Tranche Bond Issue

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Raffles Education Proceeds with Sixth Tranche Bond Issue

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The latest update is out from Raffles Education ( (SG:NR7) ).

Raffles Education Limited has announced the issuance of unlisted, non-convertible bonds worth up to S$20 million, with the latest Sixth Tranche Issue amounting to S$1 million. This move is part of a series of bond issues aimed at raising capital, with the Sixth Tranche Subscribers confirming their investment for personal benefit without seeking control over the company.

More about Raffles Education

Raffles Education Limited is a company incorporated in Singapore, operating in the education sector. It provides educational services and operates various educational institutions across different regions.

YTD Price Performance: -12.50%

Technical Sentiment Signal: Sell

Current Market Cap: $42.45M

Learn more about NR7 stock on TipRanks’ Stock Analysis page.

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