Seems like a decent way to lock in long term funding at a decent price (2.5%) and in a currency they will earn a decent share of their revenues in, but becomes a bit more costly when you take into account the hedge (almost 40m and ~20% of the term funding).
I assume the hedge is ensure shareholders don't get diluted at $4.092 a share in 7 years time, so perhaps over the long term, not bad for shareholders
Ann: WEBJET SUCCESSFULLY PRICES EUR100 MILLION CONVERTIBLE NOTES, page-2
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$4.68 |
Change
0.010(0.21%) |
Mkt cap ! $1.687B | |||
| Open | High | Low | Value | Volume |
| $4.69 | $4.71 | $4.66 | $5.741M | 1.227M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 33244 | $4.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.68 | 11980 | 17 |
View Market Depth
| Last trade - 11.08am 28/07/2025 (20 minute delay) ? |
| WEB (ASX) Chart |