Matrix Composites & Engineering Fully Redeems AU$7.5 Million Convertible Note

MT Newswires Live

2025/12/08

Matrix Composites & Engineering (ASX:MCE) said its AU$7.5 million convertible note, issued to Collins Street Asset Management in December 2022 with a three-year term to maturity and a 10.5% coupon rate, matured on Friday and was fully redeemed, according to a Monday Australian bourse filing.

The repayment was funded via the AU$7.5 million term loan, part of a facility agreement with National Australia Bank (ASX:NAB).

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Engineering (ASX:MCE) said its AU$7.5 million convertible note, issued to Collins Street Asset Management in December 2022 with a three-year term to maturity and a 10.5% coupon rate, matured on Friday and was fully redeemed, according to a Monday Australian bourse filing.</p><p>The repayment was funded via the AU$7.5 million term loan, part of a facility agreement with <a href=\"https://laohu8.com/S/NAB.AU\">National Australia Bank</a> (ASX:NAB).</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MCE.AU","symbol_name":"MATRIX COMPOSITES & ENG","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2589080041","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2589080041","pubTimestamp":1765160450,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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