Latest Interest Rates News

Noxopharm Limited has secured an extension on $2.6 million of convertible notes and obtained a $1.25 million unsecured loan to bolster working capital, pending shareholder approval.

Iluka Resources has updated its dividend details for the first half of 2025, confirming a fully franked dividend of 2 cents per share and announcing a Dividend Reinvestment Plan price of AUD 6.0274.

Wellnex Life Limited has expanded its financing with a new A$2.5 million loan facility, enhancing its financial flexibility to support ongoing business growth and settle long-term obligations.

360 Capital Mortgage REIT (ASX, TCF) has initiated a non-renounceable 1-for-1 entitlement offer priced at $5.94 per unit, aiming to raise approximately $45.2 million to fund new loan investments and expand its portfolio.

Brockman Mining reported a HK$34.6 million loss for FY2025 driven by exploration costs, while progressing key studies and approvals for its flagship Marillana iron ore project in Western Australia. The Group faces liquidity pressures but has secured shareholder loans to support ongoing development.

AssetOwl Limited has increased its funding facility with Pacific Equity Investors Inc from $700,000 to $1 million, enhancing its financial flexibility to support recent contract wins.

CloudHolter Pty Ltd reported a substantial $39.7 million net loss for FY2025 amid ongoing cash outflows but continues to raise capital through convertible notes as it targets an IPO by year-end.

Insurance Australia Group Limited announces a quarterly ordinary dividend of AUD 1.443 per Capital Note 3, payable mid-December 2025, with a partly franked distribution rate of 5.79% per annum.

Insurance Australia Group Limited has declared a quarterly distribution of AUD 1.5069 per Capital Note, reflecting a 6.04% annualised yield, payable mid-December 2025.

AMP has reached an agreement in principle to settle a long-running class action over fees and interest rates on certain superannuation funds, agreeing to pay $120 million subject to court approval.

NEXION Group Ltd has issued 900,000 convertible notes to raise $90,000, increasing its total convertible notes to 17.5 million. The notes carry a 10% interest rate and may convert to shares subject to shareholder approval and transaction outcomes.

360 Capital Mortgage REIT (ASX – TCF) has announced a non-renounceable 1-for-1 entitlement offer to raise approximately $45.2 million, aiming to expand its senior loan investments secured by Australian real estate. The offer includes an oversubscription facility and a shortfall offer targeting wholesale and institutional investors.