B.M.I. Rates On Debenture Up
(N.Z. Press Assn.— Copyright) SYDNEY, May 13.
Blue Metal Industries, Ltd, has announced an issue of debenture stock totalling ssm with a top rate of 9 per cent over 15 and 20 years. Subscriptions will open on June 29 and shareholders and existing debenture holders will have prior right of application.
The issue has been underwritten by A. C. Goode and Company, members of the Melbourne Stock Exchange, and Chase-N.B.A. Group, Ltd, who have reserved the right to nominate allottees for s4m worth of stock.
Top rate on the unsuccessful Wales Properties issue, withdrawn last week, was 7j per cent.
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Bibliographic details
Press, Volume CIX, Issue 32296, 14 May 1970, Page 23
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105B.M.I. Rates On Debenture Up Press, Volume CIX, Issue 32296, 14 May 1970, Page 23
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