Money3 in new debt issue?

13 August 2015

 

Short term loan company Money3 is said to be looking at issuing debt securities in order to plug the funding gap left by the withdrawal of Westpac as its primary lender. Readers will recall that Westpac made a corporate decision to cease funding ‘pay day’ lenders such as cash Converters and Money3 and while the bank has not said as much, it is believed to be the result of the...

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