Jump to content

FBD Private Placement


TwoCitiesCapital
 Share

Recommended Posts

http://www.agriland.ie/farming-news/fbd-raises-e70m-through-agreement-with-fairfax/

 

Fairfax to receive EUR 70M of 10 year convertible notes at 7% coupon. Will receive a 12% coupon in the interim from today up through 7 days past shareholder approval of issuing convertible debt.

 

Not going to move the needle much, but 7-12% on convertible debt isn't bad in this environment.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...