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Global Masters Fund Boosts Convertible Note Yield Amid Strong Asset Backing
11:23am on Friday 24th of January, 2025 AEDT
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Financial Services
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Global Masters Fund Boosts Convertible Note Yield Amid Strong Asset Backing
11:23am on Friday 24th of January, 2025 AEDT
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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Global Masters Fund (ASX:GFL)
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