middle.news
Flight Centre Raises A$450m Convertible Notes to Fund Growth and Debt Repurchase
1:14am on Saturday 30th of August, 2025 AEST
•
Consumer Discretionary
Read Story
Flight Centre Raises A$450m Convertible Notes to Fund Growth and Debt Repurchase
1:14am on Saturday 30th of August, 2025 AEST
Key Points
A$450 million senior unsecured convertible notes offering due 2032
Concurrent repurchase of up to A$325 million of existing convertible notes
New notes to be listed on Singapore Exchange and convertible into ordinary shares
Coupon expected between 2.0% and 2.5% with conversion premium of 37.5%–42.5%
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
FLT
OPEN ARTICLE