ZIP 2.39% $2.86 zip co limited..

Ann: Zip A$400m Snr CNote offering to accelerate global expansion, page-276

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  1. 3,036 Posts.
    lightbulb Created with Sketch. 88
    Singapore listing - where is money laundry and scam are set up lolz..

    Redemption Price at Maturity 112.97% - 116.96% of the principal amount - mean Z1P total payment by 23/4/2028 will be over A$800mil, not bad for 7 yrs loan

    Conversion Premium 32.5% - 42.5% above the Reference Share Price - guarrantee cheap sp by 23/4/2028, even if sp still at $9, they already make $ from the redemption price

    Directors selling and lend shares to MLI for shorting/security/hedging ...got no idea why and what for.. when the CN is Direct, unconditional, unsubordinated and unsecured obligations of the Issuer.

    pls correct me if I am wrong.









 
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