Mercantile has just announced the launch of a new income offer: Mercantile Notes. Access is available through a broker firm allocation, shareholder and general offer, prior to listing later this month.
The Notes will pay a half yearly coupon at 8%pa and are due to mature 7th June 2021. The Notes will be tradable on the ASX.
This issue will be used primarily to expand the underlying portfolio and repay existing short term debt.
Mercantile Notes Offer Details
Issuer – Mercantile
