CUS 1.41% 7.0¢ copper search limited

no....they ( Bendigo )gave a loan of $5M to Customers sercured...

  1. 3,488 Posts.
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    no....they ( Bendigo )gave a loan of $5M to Customers sercured by 14.2% stake in SPS that Customers has. Customer's intention is to sell the stake. The other $5M I suspect will come from cashflow unless the deal with Mastercard has been sorted. It's a neat deal as Customers still will retain a 5% stake in SPS. Wait for an announcement this week or next week or next week
 
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