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Global Masters Fund Boosts Convertible Note Yield Amid Strong Asset Backing

7:03pm on Monday 2nd of June, 2025 AEST Financial Services
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Global Masters Fund Boosts Convertible Note Yield Amid Strong Asset Backing

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Interest rate on GFL convertible notes increased from 5.5% to 6.5% per annum
  • Loan-to-value (LTV) ratio stands at a conservative 15.18% as of December 31, 2024
  • No material changes or events affecting the issuer or guarantors during the quarter
  • Issuer confirms full compliance with Corporations Act and continuous disclosure obligations
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