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ValueMax to raise up to $100 mil through three-month SDAX, ADDX digital commercial papers

Bryan Wu
Bryan Wu • 1 min read
ValueMax to raise up to $100 mil through three-month SDAX, ADDX digital commercial papers
The digital securities are priced at 4.95% per annum.
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ValueMax T6I -

has launched the fourth series of its 3-month commercial paper (CP) in digital securities under the CP Programme on the SDAX Platform on March 14.

The company expects to raise between $20 million and $50 million from accredited and institutional investors.

The digital securities are priced at 4.95% per annum and will mature three months from the date of issuance.

ValueMax separately launched the tenth series of its 3-month commercial paper (CP) in digital securities under the CP Programme on the ADDX Exchange on the same day, expecting to raise between $10 million and $50 million from accredited and institutional investors.

The digital securities are also priced at 4.95% per annum and will mature three months from the date of issuance.

Shares in ValueMax closed 0.5 cents higher or 1.33% up at 38 cents on March 14.

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