Investore Property has announced the successful allocation of $60 million in subordinated convertible notes, following the completion of the bookbuild process for its general offer.
The general offer has now closed, with all of the notes to be issued allocated to participants in the bookbuild.
The issue margin for the notes has been set at 3% per annum, while the interest rate will be announced later today.
Additionally, Investore said that there will be an opportunity for eligible shareholders to acquire additional notes through the shareholder priority offer, which will close on September 23, 2025.
See more