Cairnlea Holdings Pty Ltd Announces Offering of Fully Drawn AUD 15,065,440 Senior Secured Loan Note Offer
Jan 29 2021
MELBOURNE, Australia, Jan. 29, 2021 /PRNewswire/ This offer is issued by Banner Capital Management Limited ACN 600 738 181 AFSL 465404 (
Banner) under an arrangement made between Cairnlea Holdings Pty Ltd ACN 647 356 447 (
Issuer) and Banner.
The Issuer announced today that it intends to offer debentures (in the form of loan notes) issued under the Facility for the purposes set out in the terms below.
It is intended that the offer satisfy the terms of section 128F(3)(d) of the Income Tax Assessment Act 1936, so that the issue of the loan notes should satisfy the public offer test in section 128F for exemption from Australian interest withholding tax.