Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Flight Centre Travel Group Prices A$400m Convertible Notes Due 2028 Successfully

21 Oct 2021  |  08:29:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FLT Successfully Prices A$400M Convertible Notes Due 2028

Flight Centre Travel Group announced that it has successfully priced its offering of A$400m senior unsecured convertible notes due 2028 (the Notes) (the Offering). The Notes will have a coupon of 1.625% p.a., paid on a semi-annual basis. Upon conversion, the Notes will be physically settled by the issuance of new FPO shares in the Company (Ordinary Shares), with an initial conversion price of A$27.30 per Ordinary Share, subject to adjustment in the manner set out in the terms and conditions of the Notes. The Notes have a maturity date of 1 November 2028.

Please click here for full details

See more ASX300 News Announcements