ValueMax to raise up to $25m from latest issuance

It offers an annual interest rate of 4.95%.

ValueMax is expecting to raise between $10m and $25m from its 3-month Series 011 Issuance under the commercial paper programme.

In a filing, the group said the issuance bears an annual interest rate of 4.95%.

Additionally, it is set to mature approximately three months from its issuance date.

The company launched the Series 011 Issuance in digital securities on the ADDX Exchange.

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