Cash Converters International Limited (CCV) announced on the ASX a five-year, fixed rate, senior unsecured note issue (the Notes) with an indicative interest rate of 7.95%, available exclusively through FIIG Securities Limited (FIIG) on 9 September 2013
CCV, a provider of alternative finance and retail operations is seeking to raise between $50m and $60m to diversify the Company's current debt funding sources and extend their debt maturity profile.
FIIG is the Sole Lead Arranger for this transaction and the Notes are available to wholesale investors only, with a minimum subscription of $50,000. The Notes provide investors with the opportunity to further diversify their fixed income portfolio and lock in a high fixed rate of return.
This Notes represent the fourth issue we have brought exclusively to our clients, following the successful raising of $30m for Silver Chef Limited, $50m for Mackay Sugar Limited and $70m for G8 Education Limited and we hope to continue to bring our clients exclusive offers in the fixed income asset class going forward.
For further information regarding this issue, please contact your FIIG representative. FIIG will receive fees from the Issuer of the Notes.