Yes. If I was IFL I would be checking in with bidders to advise them of the additional costs do you want to do a deal if not I am gonna allow NAB to redeem thr debt with equity.
Think about if some offered you chance to remove $200M debt on your balance sheet you would do it. At $3.55 if no take over offers were provided.
I suspect IFL has received some offers and accessed that these are superior then issuing shares at $3.55.
Ann: Early redemption request for subordinated loan notes, page-7
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Last
$3.64 |
Change
-0.030(0.82%) |
Mkt cap ! $2.441B | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.68 | $3.57 | $733.1K | 200.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 8289 | $3.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.64 | 7477 | 54 |
View Market Depth
| Last trade - 12.35pm 30/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |