Search results of Tag: RRCPS

Wealth Focus

Glennon Small Companies Limited Resettable Redeemable Convertible Preference Shares

Glennon Capital Small Companies Ltd has recently announced the launch of a new income offer: GC1 RRCPS. Access is available through the Priority shareholder offer and a Broker Firm Offer before listing in December.

The RRCPS will pay a semi annual coupon at 5.60%pa with an initial reset date of 30th September 2024 and traded on the ASX.

Capital raised from this issue will be used to invest in securities listed on the ASX.

Disclosure: Sulieman Ravell is the author of this review and

Fixed Income, Hybrids, convertible, preference shares, glennon, Glennon Capital, RRCPS