Does this make sense and who will actually benefit from this? I thought convertible loan notes are something for early stage companies who find it hard to get bank financing.
If Xero is in a net cash position why does it need exotic debt instruments like this with high transaction costs and call option fees paid to the investment banks.
Surely a bank facility is easier and cheaper.
Ann: Xero announces US$850m convertible notes offering, page-2
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XRO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$148.21 |
Change
-1.290(0.86%) |
Mkt cap ! $22.63B | |||
| Open | High | Low | Value | Volume |
| $147.73 | $148.82 | $145.93 | $47.92M | 324.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 60 | $147.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $148.21 | 1241 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| XRO (ASX) Chart |