The three-month Series 014 Issuance is priced at 4.3% per annum, and matures about three months from the date of issuance, while the six-month Series 007 Issuance is priced at 4.3% per annum (p.a.), and matures six months from the date of issuance.
ValueMax aims to raise between $10-$50 million for its three months series notes, and $5-$20 million for its six months notes.
On the SDAX Exchange, ValueMaxhas launched the eighth series of its three-month commercial paper in digital securities. It is priced at 4.3% p.a., and matures about three months from the date of issuance.
The company similarly expects to raise between $10 million - $50 million under these notes.
See also: KSH raises $8.67 million placing out treasury shares at 30.5 cents each
Shares in ValueMax closed 1 cent lower or 2.041% down at 48 cents on March 6.
