$2m issue by Mutual
Sydney-based financier, Mutual Acceptance, is seeking about two million dollars with a private note and debenture offer to existing holders. The company will again offer its “stepped” interest rate which rises each year. The issue will be used for long term development and to pay maturing holdings. The stepped currency is for four years with an interest rate starting at 11 per cent and rising to ‘12.5 per cent.
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Bibliographic details
Press, Volume CXVI, Issue 34156, 18 May 1976, Page 20
Word Count
73$2m issue by Mutual Press, Volume CXVI, Issue 34156, 18 May 1976, Page 20
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