AJQ 3.13% 3.1¢ armour energy limited

Ann: Corporate Bond Financing Offer Update, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 147 Posts.
    lightbulb Created with Sketch. 4
    I must say I am not familiar with the concept of an amortising note.

    Amortising by 52% from 29 Mar 2021 until Maturity Date.

    Does it mean that starting from 29 Mar 2021 the principal starts getting repaid as well, and the interest payable starts reducing proportionately?

    8.75% is a good outcome though.
 
watchlist Created with Sketch. Add AJQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.