TFC 7.42% $1.31 tfs corporation limited

Ann: TFS to Issue US$250 million of New Senior Secured Notes-TFC.AX, page-7

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  1. 2,415 Posts.
    lightbulb Created with Sketch. 302
    Well 8m in break costs so 42m left.

    It is a funny want to put it though general corporate purposes. I would have though to provide additional working capital or something like that. I mean it sounds like they want to buy a jet or something.

    Maybe they are betting on a FX gain.
 
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